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Pension Rights Center Stands with Pensioners against Proposed Cuts

10/29/2013

WASHINGTON – The Pension Rights Center released a statement today cautioning Congress against supporting a proposal that “endorses the unprecedented and dangerous step of empowering pension plan trustees … to slash benefits of men and women who are alre

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Kathleen Kennedy Townsend and Debra Whitman Join Pension Rights Center’s Board of Directors

10/23/2013

WASHINGTON — The Pension Rights Center is pleased to announce that former Maryland Lieutenant Governor Kathleen Kennedy Townsend and AARP Executive Vice President Debra Bailey Whitman have joined the organization’s board of directors More...

Pension Rights Center Statement on Saint Peter's Healthcare System "Church Plan" Ruling from the IRS

08/27/2013

WASHINGTON – Last week, Saint Peter's University Hospital employees and retirees were notified that the Internal Revenue Service had issued a Private Letter Ruling saying that their pension plan is a “church plan.” If allowed to stand, the ruling will mean that the pension plan will no longer be protected by ERISA (the Employee Retirement Income Security Act, the nation’s landmark pension law),

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Pension Rights Center Applauds the Pension Benefit Guaranty Corporation’s Take-Back of a Hospital Pension Plan

05/10/2013

WASHINGTON — The Pension Rights Center applauds today’s decision by the Pension Benefit Guaranty Corporation (PBGC) to take over pension payments to more than 800 former employees of the now-defunct Hospital Center at Orange (HCO).

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Government Agencies Restore Protections to Hospital Retirees’ Pensions

03/29/2013
"Church plan" designation for pension plan revoked in unprecedented action

WASHINGTON -- After a 10-year struggle, hundreds of former workers and retirees from the Hospital Center at Orange (HCO) once again have federal protections for their pensions.

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“De-Risking” Pensions Could be Risky to Pensioners

10/18/2012

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.

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California Enacts Groundbreaking Pension Legislation

10/04/2012

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.

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

07/27/2012

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.

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Organizations Urge Protections for Women in Lifetime Retirement Income Options

05/03/2012

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.

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

04/19/2012

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

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