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The Pension Rights Center is mentioned in articles where you see the PRC icon.

When ESOPs work, they work well. But some say reforms are needed.

06/22/2017 | The Post and Courrier

Employee-owned stock option plans, or ESOPs, are an important part of the American economic landscape. About 7,000 American businesses have ESOPs, and roughly one out of every 12 workers participate in some form of employee-ownership plan.

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Church Plan Decision Bolsters Credit Ratings, Despite Unresolved Issues

06/14/2017 | Healthcare Financial Management Association

A recent U.S. Supreme Court decision in favor of pension-law appeals by three religiously affiliated hospital systems was deemed a credit positive for such entities. However, further litigation is likely.

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Are you entitled to a pension you've left behind?

06/14/2017 | CBS MoneyWatch

It's not every day you get good news from the IRS. But that's exactly what happened to Danny Jo Wright of Austin, Texas, when he applied for Social Security in 2013. In a letter from Social Security, the IRS informed him he was entitled to a pension from the drug company he had worked for years ago.

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Latest News Releases (View all)

U.S. Supreme Court’s “church plan” decision leaves key issue undecided

06/05/2017

WASHINGTON – The U.S. Supreme Court ruled today that pension plans with ties to religious organizations may not have to comply with federal pension law. Today’s ruling leaves it to lower courts to decide whether hundreds of thousands of people who thought they were guaranteed federal protections will receive the pensions they earned.

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Retirees to Congress: Protect Our Pensions!

05/09/2017

Senator Bernie Sanders and Rep. Marcy Kaptur Reintroduce Bill to Save Retiree Pensions

WASHINGTON – The Pension Rights Center joins retirees, members of Congress and others in declaring today a Day of Action to call attention to the threats to the retirement security of millions of workers and retirees covered by the financially-troubled multiemployer pension plans.

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Pension Rights Center statement on executive order seeking review of fiduciary rule

02/03/2017

Ensuring that all Americans saving for retirement receive unbiased investment advice is paramount to guaranteeing their economic security in retirement. The Center believes that every American has a right to investment advice that will maximize their retirement savings rather than line the pockets of unscrupulous investment advisers.

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Speeches, Statements, and Letters (View all)

PRC Statement to the ERISA Advisory Council on retirement plan disclosures (June 7, 2017)

06/07/2017

PRC Policy Analyst Jane Smith testified before the ERISA Advisory Council on the improvements to the effectiveness of retirement plan disclosures to participants and beneficiaries. In her testimony, Jane noted that plan disclosures to participants are often confusing and written in technical language that is difficult for participants to understand. 

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Speech by Karen Friedman at a meeting of the National Education Association Retirees' Organization (March 8, 2017)

03/08/2017

Hello NEA retirees! It’s great to be here! Thanks for inviting me this morning to speak.

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