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New Efforts to Make Sure Pensions Are Paid

03/15/2018 | AARP News

According to the investment management company TIAA, as of 2015, a full 30 percent of employees had abandoned a retirement account from a previous employer. The Government Accountability Office recently reported that from 2004 to 2013, more than 25 million employees left at least one retirement account behind.

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With pension plan out of money, Diocese retirees worry

03/12/2018 | Minnesota Public Radio

Employees of the Diocese of La Crosse, Wis., had faith that their pension plan would help them retire.

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Lay employees lament Diocese of La Crosse's decision to end their pension plan

03/10/2018 | Leader-Telegram

At age 70, George Fugina was hoping to retire for good this year.

After working for 31 years as head custodian for St. James the Greater Catholic Church and then picking up a part-time custodial job at the Eau Claire YMCA, Fugina was ready to take it easy and live off his pension, savings and Social Security.

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Latest News Releases (View all)

Joint Statement Opposing “Composite” Pension Legislation

12/20/2017

Joint Statement of AARP, the International Association of Machinists and Aerospace Workers, the International Brotherhood of Boilermakers, Musicians for Pension Security, the National United Committee to Protect Pensions, the National Retirees Legislative Network, the Pension Rights Center, the United Steelworkers, and the Western Conference of Teamsters Pension Trust Opposing Composite Pension

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Senator Sherrod Brown and Congressman Richard Neal Introduce bills to save financially troubled multiemployer plans and protect retirees

11/16/2017

WASHINGTON – The Pension Rights Center released letters today strongly endorsing new multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA).  The “Butch Lewis Act of 2017” and its House companion bill “The Rehabilitation of Multiemployer Pensions Act”  provide an innovative way to avoid retiree benefit reductions by providing relief to

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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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Speeches, Statements, and Letters (View all)

Speech by Karen Friedman for United Steelworkers Rapid Response Legislative Conference (May 21, 2018)

05/24/2018

Karen Friendman gave a speech as part of the Retirement Security Panel at the United Steelworkers Rapid Response Legislative Conference on May 21, 2018.

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PRC letters in support of multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA)

11/16/2017

The Pension Rights Center sent a letter to U.S. Senator Sherrod Brown (D-OH), expressing its support for the Butch Lewis Act of 2017. Read the letter here [PDF].

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