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IRS Rollover Guidance Eases Process, Improves Benefit Portability, Analysts Say

04/15/2014 | Bloomberg BNA's Pension & Benefits Reporter

When changing employers, individuals and their new retirement plan administrators have faced a time-consuming administrative process in proving the tax status of a plan rollover. And instead of dealing with the hurdles to validate a rollover, many individuals would transfer savings into individual retirement accounts or cash out the balance.

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Thought Secure, Pooled Pensions Teeter and Fall

04/13/2014 | New York Times

The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that no one gave it a second thought.

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Federal judge: Saint Peter's pension case can proceed

04/03/2014 | Home News Tribune (Middlesex County, NJ)

A New Jersey federal district court judge recently ruled that the pension plan of city-based Saint Peter’s University Hospital is not a "church plan" exempt from the protections of federal pension law.

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Latest News Releases (View all)

Decision in Saint Peter’s “Church Plan” Case a Victory for Workers and Retirees; Lawsuit against Hospital Can Proceed

04/02/2014

WASHINGTON – On Monday, a New Jersey federal district court judge ruled that a pension plan established by religiously-affiliated hospital is not a “church plan” exempt from the protections of federal pension law. The Honorable Michael A.

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Pension Rights Center Applauds Senator Harkin’s New Retirement Proposal

01/30/2014

WASHINGTON – Today the Pension Rights Center applauded Senator Tom Harkin (D-Iowa), chairman of the Senate Health, Education, Labor, and Pensions Committee, for introducing the USA Retirement Funds

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Pension Rights Center Calls myRAs “A First Step” Leading to Comprehensive Solutions to the Retirement Crisis

01/29/2014

WASHINGTON – The Pension Rights Center lauded the Obama administration today for recognizing the severity of the retirement income crisis by proposing a new Treasury bond to promote savings, particularly for low- and moderate-wage earners.

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Speeches, Statements, and Letters (View all)

Testimony of the Pension Rights Center in support of S.B. 249, an Act Promoting Retirement Savings before the Committee on Labor and Public Employees of the Connecticut General Assembly

03/11/2014

On March 11, 2014, Karen Friedman testified in support of S.B. 249, An Act Promoting Retirement Savings, a proposal that would use the efficiences of the Connecticut state retirement system to administer a new retirement savings plan intended for low-income private-sector workers who are not covered by an employer-sponsored retirement plan.

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PRC comments to OMB on terminating pension plans (January 21, 2014)

01/21/2014

The Pension Rights Center submitted comments to the Office of Management and Budget, supporting the Pension Benefit Guaranty Corporation’s request that terminating single employer plans be required to include sample copies of the required notices that they sent to participants.

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PRC comments to the IRS on the Form 8955-SSA (January 21, 2014)

01/21/2014

The Pension Rights Center submitted comments to the IRS, supporting its request to continue collecting information on Form 8955-SSA.

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