Jump to Navigation
Jump to Content

News Room

In the News (View all)

Some news web sites require free registration to read the entire article, and some links may expire within several days after the article's publication date.

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

Senators’ De-Risking Letter Adds Weight To Growing Issue, Concerns, Observers Say

10/28/2014 | Bloomberg BNA's Pension & Benefits Reporter

A recent letter sent by two Senate Democratic committee leaders asking several federal agencies to develop regulatory policy on de-risking pension plans adds some heft to the issue, but there are already some regulatory provisions in the law addressing their concerns, practitioners said.


PBGC Proposal to Track De-Risking Plans Seen by Pension Rights Center as Good Step

09/30/2014 | Bloomberg BNA's Pension & Benefits Reporter

The Pension Benefit Guaranty Corporation’s recent request for comments on a proposal to require companies making pension risk-transfer offers to their employees to report such offers to the PBGC is aimed at helping the agency determine its future liabilities, but the information may also prove useful for the public, a spokeswoman for the Pension Rights Center told Bloomberg BNA.


Retirement Plans For All? These States Say 'Yes'

09/19/2014 | Investopedia

The federal government has been looking to introduce legislation designed to help workers save for retirement if they aren't covered by an employer-provided pension plan or retirement savings plan. In the meantime, many states are taking up the charge.


Latest News Releases (View all)

A tribute to retirement security hero Bob Nagle


WASHINGTON – The Pension Rights Center pays tribute to a true retirement security hero, Robert E. Nagle, who died at his home at the age of 84 on Saturday, August 16, 2014.


Connecticut Takes a Big Step Towards Retirement Security for Its Residents


WASHINGTON – The Pension Rights Center applauds the Connecticut General Assembly for passing legislation that lays the groundwork for a new state-administered retirement savings plan for private-sector workers who do not have an employer-provided pension or retirement savings plan.&nbsp


New Law Set to Protect Pensioners in Some Religiously-Affiliated Nonprofits


WASHINGTON – On April 7, President Obama signed the Cooperative and Small Employer Charity Pension Flexibility Act into law. (P.L. 113-97).


Speeches, Statements, and Letters (View all)

Group letter to Congress in support of a strengthened and updated fiduciary rule (September 17, 2014)


The Pension Rights Center, along with 43 other organizations, sent the letter below to every member of Congress, expressing support for updated and stronger rules to protect people with retirement plans and individual retirement accounts from conflict-ridden investment advice.


PRC testimony to the ERISA Advisory Council on lifetime participation in retirement plans (August 21, 2014)


PRC Senior Policy Adviser Norman Stein testified before the ERISA Advisory Council on the issues surrounding lifetime participation in retirement plans and the factors that affect whether participants stay in a plan or cash out. Read his testimony here. [PDF]


PRC testimony to the ERISA Advisory Council on outsourcing retirement plan services (August 19, 2014)


PRC Senior Policy Adviser Norman Stein testified before the ERISA Advisory Council on fiduciary issues related to the outsourcing of retirement plan services. Read his testimony here [PDF].