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

Church pension plan status rejected by U.S. District Court

07/23/2014 | Pensions & Investments

In one of five major class-action lawsuits challenging church-affiliated sponsors of defined benefit plans, a federal judge ruled Tuesday that the pension plan of Dignity Health is covered by ERISA.

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Slow process seen in naming Gotbaum successor at PBGC

07/21/2014 | Pensions & Investments

Joshua Gotbaum's resignation as director of the Pension Benefit Guaranty Corp. is expected to create a leadership vacuum at a critical time for an agency dealing with struggling multiemployer pension plans and corporate defined benefit sponsors stressed about premium increases.

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Why more companies want pensions off their books

07/21/2014 | Washington Post

Verizon has done it. General Motors has done it. And so have Ford and, recently, ketchup kingpin Heinz. These brand-name companies have all moved part of their pension obligations off their books and into annuities run by insurance companies.

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Latest News Releases (View all)

Connecticut Takes a Big Step Towards Retirement Security for Its Residents

05/09/2014

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

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

04/08/2014

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

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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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Speeches, Statements, and Letters (View all)

PRC Letter to the Department of Labor on Its Spring 2014 Regulatory Agenda

06/10/2014

The Pension Rights Center sent a letter to the Labor Department's Employee Benefit Security Agency (EBSA), expressing concern over pension issues that are missing from EBSA's More...

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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