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White House Opposes Bill Creating Newfangled Pension Plan

12/02/2016 | Pension & Benefits Daily

The White House opposes a discussion draft bill that would permit significant changes to collectively bargained pension plans, and is urging Congress not to include the measure on the menu of a year-end budget bill.

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Billion-Dollar Church Plan Standoff Heads to Supreme Court

12/02/2016 | Pension & Benefits Daily

The U.S. Supreme Court will hear a trio of cases asking whether large hospitals can use a religious legal exemption to avoid fully funding their pension plans, which workers claim are underfunded by hundreds of millions of dollars.

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Divorcing Spouses Urged To Ensure Retirement Fund Rights

12/01/2016 | Financial Advisor

Divorcing spouses need a special court order to protect their right to tap a partner’s retirement benefits, the Pension Rights Center said Wednesday.

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Latest News Releases (View all)

Supreme Court to decide whether certain nonprofit pension plans can claim “church plan” status

12/06/2016

WASHINGTON – On Friday, the U.S. Supreme Court announced that it will hear three cases to decide whether pension plans established by religiously-affiliated nonprofit healthcare systems can receive the same treatment as plans established by churches.

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Joint Statement Opposing Consideration of “Composite” Pension Legislation

09/22/2016

The International Association of Machinists and Aerospace Workers, the International Brotherhood of Boilermakers, the International Brotherhood of Teamsters, the National Retirees Legislative Network, the Pension Rights Center, and the United Steelworkers strongly oppose legislation

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Pension Rights Center praises U.S. Treasury Department rejection of Central States Pension Fund application to cut retiree pensions

05/06/2016

WASHINGTON – The Pension Rights Center joins hundreds of thousands of retired truck drivers, spouses, widows and active workers in praising the U.S. Department of the Treasury for rejecting the Central States Pension Fund’s application to cut its retirees’ pensions.

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Speeches, Statements, and Letters (View all)

Comments to Pension Benefit Guaranty Corporation on expansion of Missing Participants Program

11/21/2016

The Pension Rights Center submitted comments in response to the Pension Benefit Guaranty Corporation's request for comments on the proposed expansion of its Missing Participants Program to include participants and beneficiaries in terminating defined

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Speech by Karen Friedman at the American Academy of Actuaries' Annual Meeting and Public Policy Forum (November 3, 2016)

11/03/2016

Thank you to the American Academy of Actuaries, Josh and others for inviting me to speak on this panel today on fixing underfunded multiemployer plans – and for those of you who know me, I love this topic.

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Pension Rights Center comments to Treasury Department on Iron Workers Local 17 Pension Plan’s application to cut retiree benefits (October 14, 2016)

10/14/2016

The Pension Rights Center submitted comments to the Treasury Department regarding the Iron Workers Local 17 Pension Plan’s application to cut retiree benefits under the Multiemployer Pension Reform Act of 2014. In its comments, the Center urges Treasury to reject the Iron Workers Local 17 application because:

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