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News Releases

“De-Risking” Pensions Could be Risky to Pensioners


WASHINGTON -- In the wake of moves by several large companies to “de-risk” their traditional pension plans, the Pension Rights Center is calling for a moratorium on such actions until Congress can look into the risks posed by these strategies to workers and retirees.


California Enacts Groundbreaking Pension Legislation


The Pension Rights Center and the Schwartz Center for Economic Policy Analysis (SCEPA) join in applauding Governor Jerry Brown for signing into law the California Secure Choice Retirement Savings Trust Act.


Pension Rights Center Applauds Senator Harkin for Bold Proposal to Solve Nation’s Retirement Crisis


Today the Pension Rights Center applauded Senator Tom Harkin, chairman of the Senate Health, Education, Labor, and Pensions Committee, for his new report, The Retirement Crisis and a Plan to Solve It.


Organizations Urge Protections for Women in Lifetime Retirement Income Options


Eight national women’s organizations and the Pension Rights Center submitted comments to the Department of the Treasury, generally supporting proposed IRS rules aimed at encouraging lifetime income options in retirement plans.


Think Paperless is the Way to Go? When It Comes to Financial Disclosure, Not Always, Says Coalition


A group of labor, women’s, minority, and consumer organizations, representing millions of Americans, sent a letter to the Department of Labor (DoL) today, strongly supporting the Department’s current rules regarding how participants receive critical


Conference Proposes New Pension Options


Forum Examines New Retirement Plans to Reduce Risk and Increase Retirement Income


Pension Rights Center Applauds IRS for Opening “Church Plan” Rulings Process to Comments by Employees and Retirees


The Internal Revenue Service has issued a long-awaited revenue procedure clarifying the process for retirement plans to apply for “church plan” status.


Pension Rights Center to Lawmakers: "Changes to Retirement Plan Tax Breaks Should Address the Retirement Income Deficit, not the Budget Deficit"


WASHINGTON - At a hearing held by the Senate Committee on Finance today, the Pension Rights Center called on lawmakers to re-examine the tax incentives associated with 401(k) plans and other retirement savings plans, so that those tax breaks work more efficiently a


As Deficit Reduction Debate Rages, Groups Tell Congress to "Halt the Assault on Retirement Security"


WASHINGTON – While Congress fights over how to cut the federal budget deficit, 28 national organizations sent a letter to key members of Congress today, warning that proposed cuts to Social Security, Medicare, and traditional pensions would harm the retirement security


Supreme Court Decision in Amara v. CIGNA a Victory for Workers and Retirees


WASHINGTON – The Pension Rights Center released the following statement from Karen Ferguson today in reaction to the U.S.