Jump to Navigation
Jump to Content

In the News

Some news web sites require free registration to read the entire article, and some links may expire within several days after the article's publication date.

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

IRS says St. Peter’s Heathcare System is a ‘church plan’

08/28/2013 | BenefitsPro

Employees and retirees of New Jersey’s St. Peter’s Healthcare System have received notice from the IRS informing them their pension plan was now considered a “church plan.”


IRS grants church-plan status to St. Peter's Healthcare System

08/27/2013 | Pensions & Investments

The IRS has granted church-plan status to the defined benefit pension plan of Saint Peter's Healthcare System, New Brunswick, N.J., exempting it from Employee Retirement Income Security Act rules on reporting, minimum contributions and paying premiums to the Pension Benefit Guaranty Corp.


Courts, Rather Than IRS, May Be Arbiter Of Church Plan Exemption, Practitioners Say

08/27/2013 | Bloomberg BNA Pension & Benefits Reporter

Recent Internal Revenue Service rulings on the "church plan" status of retirement plans sponsored by large hospital systems, including a ruling apparently received by the Saint Peter’s Healthcare System Retirement Plan, indicate that the IRS is disinclined to modify its long-standing interpretation of church plan exemption under federal pension law, practitioners told BNA Aug. 23.


The Search For Missing 401(k) Money

08/27/2013 | Forbes

There are tens of thousands of workers who are due lost 401(k) money, but there is no one central depository where you can look for what’s rightfully yours.


Retirees Face Cuts in Pension Benefits

08/19/2013 | Kiplinger's Retirement Report

As multiemployer pension plans try to deal with their financial struggles, the benefits of current retirees are in the crosshairs.


Groups Say Lifetime Income Guidance Should Be Flexible, Provide Protections

08/13/2013 | Bloomberg BNA Pension & Benefits Reporter

Any guidance promulgated by the Department of Labor’s Employee Benefits Security Administration on lifetime income illustrations should be optional for retirement plans and provide fiduciary protections, retirement and financial industry groups say in comment letters.


Free legal assistance for problems collecting pension benefits

08/12/2013 | Eagle-Tribune (North Andover, MA)

Q: My husband passed away earlier this year. When I applied for his pension survivor’s benefit I was informed I was not eligible. He was out on disability when he was forced into retirement and never officially signed paperwork regarding his pension. By default he was receiving a higher monthly payout which automatically did not leave a benefit for the surviving spouse. More...

An X-ray of one affluent, educated and sophisticated investor's portfolio shows how it was chewed up by fees

08/11/2013 | RIABiz

Helping an ex-Fortune 500 retiree prepare for her appearance before Congress, the author waded through a mountain of paper only to discover that the woman was likely to outlive her portfolio.


Tracking down retirement benefits from a previous job

08/09/2013 | Chicago Tribune

Q: I am 65, retired and living on Social Security. I had a supplemental retirement plan with Joslyn Corp., where I worked for 13 years until January 1979. I have tried all the government databases and Google, to no success. I know the company has been sold, but that's all I know. Supposedly, I have a benefit of $24 per month. I sure could use it. More...

How much monthly income will that 401(k) get you?

08/07/2013 | Reuters

If you think figuring out how much money to put into your retirement savings accounts is complex, wait until it's time to take money out.