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Hospital Workers’ Pension Plan On Life Support

10/10/2017 | Rhode Island Public Radio

Across the country, millions of employees have entrusted their retirement savings to unregulated pension plans known as church plans. Many of these plans are run by church-affiliated schools, nursing homes and hospitals.

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DuPont offers buyouts to 9,500 pensioners

09/06/2017 | The News Journal

DuPont quietly offered about 9,500 of its U.S.retirees a chance to exchange their pensions for a lump-sum buyout or small monthly annuity.

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Furniture workers pension cuts okayed despite majority no vote

09/05/2017 | BNA Pension & Benefits Reporter

Thousands of members of a pension fund for furniture workers will soon see their benefits cut, even though a large majority of those members voted against the cuts or didn’t vote at all.

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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)

Comments on 2017 Draft Instructions for Form 8955-

10/17/2017

The Pension Rights Center submitted comments to the Internal Revenue Service to comment on the draft instructions for Form 8955-SSA.

Read the comments.

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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.

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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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