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.

Pension Plan Owes Rescue Petition Success to Past Rejection

12/22/2016 | Pension & Benefits Reporter

A multiemployer pension plan that gained Treasury Department approval for a petition to reduce participants’ benefits did so by scanning a road map gleaned from a department rejection letter. This road map may now pave the way for other plans seeking such approval.

More...

Pre-Retirement Checkup: What You Should Do in the 5 Years Before You Retire

12/22/2016 | US News & World Report

For people who turned 60 this year, retirement is beginning to come into sight. The question is, are they actually ready for it?

More...

Should I take my pension as a lump sum or lifetime payments?

12/22/2016 | CNNMoney.com

The lump sum-or-annuity decision can be a complicated one, and the decision that's right for one person may not be best for another. Which makes it all the more important that you really think through your choices and settle on an option that makes the most sense for your particular circumstances.

More...

The Legacy of DOL’s Champion for Employee Benefits

12/21/2016 | Pension & Benefits Reporter

Phyllis Borzi has one month to go in office as assistant secretary for the Department of Labor’s Employee Benefits Security Administration, but stacks of files are still heaped on her desk and on the floor.

More...

Treasury: Troubled Multiemployer Pension May Reduce Payouts

12/21/2016 | SHRM Online

The U.S. Treasury Department, for the first time, approved an application from a troubled multiemployer pension plan to reduce vested benefits paid to retirees. Other deeply underfunded union plans could follow the same path.

More...

Obama Wants Millions of Americans in His Retirement Plan. So Far He’s Got 20,000

12/16/2016 | Bloomberg

The starter retirement account is designed for low- and moderate-income Americans without access to workplace retirement savings programs. It has no fees that could gobble up the small amounts invested and holds funds in a new Treasury security created for the program.

More...

High court set to rule on church-plan status

12/12/2016 | Pensions & Investments

The U.S. Supreme Court has agreed to resolve whether church-affiliated retirement plan sponsors are covered by the ERISA, a decision that could have wide implications for all benefit plans.

More...

The Supreme Court Case That Could Bankrupt Religious Schools and Hospitals

12/12/2016 | The Atlantic

On its face, Advocate Health Care Network v. Stapleton and the two other cases it’s consolidated with may seem boring—after all, they’re about federal regulations on pension plans for church-affiliated hospitals. More...

Catholic hospital pensions meet the U.S. Supreme Court; retirees in limbo

12/08/2016 | New Jersey Star-Ledger

Catholic hospital employees who fear they will lose the pensions they were promised were delivered a setback this week, courtesy of the U.S. Supreme Court. The court it will hear three cases -- including one against the pension plan of St. Peter's University Hospital in New Brunswick -- to decide what kind of pension plan rules the hospitals must follow.

More...

White House Opposes Bill Creating Newfangled Pension Plan

12/02/2016 | Pension & Benefits Daily

The White House opposes a discussion draft bill that would permit significant changes to collectively bargained pension plans, and is urging Congress not to include the measure on the menu of a year-end budget bill.

More...
print