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Senate Democrats Urge Scrutiny of Central States Rescue

04/25/2016 | BNA Pension & Benefits Reporter

The entire Democratic Party Senate caucus has urged the Treasury Department to closely scrutinize the Central States pension fund's rescue proposal.

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Pension cuts barreling down the road?

04/24/2016 | The Gazette

Michael Barton drove a truck for three decades for United Parcel Service. But as of July 1, despite all those years on the job, he faces the possibility of a 50 percent cut in his pension checks.

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How the Dream of Retirement Is Becoming a Nightmare

04/22/2016 | Next Avenue

How bad is it? According to a May 2015 study by the Government Accountability Office on retirement preparedness, half of American households have no retirement savings at all. That’s zero: no 401(k)s, no IRAs, not a dime.

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Latest News Releases (View all)

MEDIA ADVISORY: Retired truck drivers, spouses and widows to rally at U.S. Capitol to protest proposed pension cuts

04/13/2016

WASHINGTON – Tomorrow, on Thursday, April 14th from 11:00 a.m. to 1:00 p.m., thousands of retired truck drivers, spouses and widows will travel to Washington, D.C., for a rally on the West Lawn of the U.S. Capitol to urge policymakers and the Treasury Department to stop unprecedented cuts to their hard-earned pensions.

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Pension Rights Center Applauds Release of Rule Protecting Investors from Conflicted Investment Advice

04/07/2016

WASHINGTON – The Pension Rights Center applauds the U.S. Department of Labor for finalizing an important regulation to help ensure that financial advisers and brokers who give advice on investments in 401(k) plans and IRAs do so in the best interests of their clients.

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MEDIA ADVISORY: Retirees coordinate statewide “March Madness” actions to protest unfair pension cuts

03/10/2016

In a series of coordinated actions taking place from March 10-13, angry retired truck drivers, spouses and widows are taking to the streets in five states to protest unprecedented proposed cuts to their pensions.

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Speeches, Statements, and Letters (View all)

Karen Friedman's speech to the Protect Our Pensions Rally (April 14, 2016)

04/14/2016

I’m so glad to be here with thousands of you at the Protect Our Pensions Rally!

First, I want to especially thank Mike Walden and Bob Amsden and all the leaders of the pension committees throughout the country who made this event happen. You are doing a GREAT job.

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Supplemental Comments Responding to March 1, 2016 letter on the Application to Reduce Benefits Submitted by the Central States, Southeast and Southwest Areas Pension Plan

03/28/2016

The Pension Rights Center submitted supplemental comments to the U.S. Treasury Department on the Central States Pension Fund's response to comments filed by the Pension Rights Center and other organizations.

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PRC statement to the Senate Finance Committee on "The Multiemployer Pension Plan System: Recent Reforms and Current Challenges" (March 1, 2016)

03/01/2016

The Pension Rights Center is a nonprofit consumer organization that has been working since 1976 to promote and protect the retirement security of American workers and their families.

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