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

Two States Consider De-Risking Legislation; Insurance Lawmaker Group Adopts Guidelines

03/24/2015 | Bloomberg BNA's Pension & Benefits Reporter

As more companies offload their defined benefit pension obligations to insurance companies in multibillion-dollar transactions, legislators in some states are starting to take notice and to consider laws that are aimed at protecting retirees.

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6th Cir. Church Plan Case Against Ascension Remanded for Settlement Consideration

03/24/2015 | Bloomberg BNA's Pension & Benefits Reporter

The first church plan case to reach the federal appellate courts is being returned to the district court to consider a proposed settlement between the parties, according to an order issued by the U.S. Court of Appeals for the Sixth Circuit (Overall v. Ascension Health, 6th Cir., No. 14-1735, 3/17/15).

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8 Questions To Ask Before Taking A Pension Lump Sum Offer

03/23/2015 | Forbes

When it comes to analyzing a lump sum pension offer, employees need more help. That’s the conclusion of a new Government Accountability Office report, Participants Need Better Information When Offered Lump Sums That Replace Their Lifetime Benefits.

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Latest News Releases (View all)

Nation's Retirement Income Deficit Now $7.7 Trillion

03/12/2015

Washington – Five years after it was first announced, the nation’s Retirement Income Deficit (RID) has risen from $6.6 trillion to $7.7 trillion.

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Pension Rights Center Applauds Labor Department’s Release of Proposed Rule on Conflicted Investment Advice to OMB

02/23/2015

Washington – In a long-awaited move towards protecting millions of workers and retirees by stopping conflicted financial advice in retirement savings plans, the U.S. Department of Labor (DOL) today sent a proposed fiduciary regulation to the Office of Management and Budget (OMB), which now has up to 90 days to review the rule.

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Public Interest Organizations Join Forces to Protect Americans’ Retirement Savings

01/15/2015

SaveOurRetirement.org will educate workers and retirees about the “Retirement Advice Loophole” – and mobilize public support to close it

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Speeches, Statements, and Letters (View all)

Remarks by Karen Ferguson at the PBGC's 40th anniversary forum (January 12, 2015)

01/12/2015

On January 12, 2015, The Pension Rights Center co-sponsored a forum, celebrating the 40th anniversary of the Pension Benefit Guaranty Corporation, the federal agency that insures most private pension plans.

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PRC letter to Congress opposing "stealth" provisions that would cut retiree benefits in multiemployer plans

12/03/2014

The Pension Rights Center sent a letter to every member of Congress, urging them to oppose measures that would allow certain multiemployer plans to cut the earned benefits of retirees.

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PRC letter to OMB, supporting the collection of additional information from terminating pension plans (November 18, 2014)

11/18/2014

The Pension Rights Center sent a brief letter to the Office of Management and Budget in support of the Pension Benefit Guaranty Corporation’s request to require addi

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