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Retirement USA

Retirement Income Gap Projected at $7.7T

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The Pension Rights Center updated its aggregate U.S. retirement income deficit figure to $7.7 trillion—up from $6.6 trillion just five years earlier—in conjunction with today’s retirement preparedness hearing by the U.S. Senate Special Committee on Aging.

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"I am not Margaret Mead" [VIDEO]

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Karen Friedman appears in this video about women and retirement that the Service Employees International Union created for Women's History Month.

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Coalition working to expand retirement security for uncovered

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A coalition of large retirement industry players, including the AARP, American Federation of State, County & Municipal Employees, Service Employees International Union and Pension Rights Center, have banded together to find new ways to build retirement security for even the lowest-income workers.

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Will pension plans stage a comeback?

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A looming retirement crisis prompts a rethink about DB and DC models

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Speakers See Need to Simplify Pensions But Spar Over Changing Retirement System

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Pension plans need to be simplified, agreed representatives of the pension plan community at a Sept. 20 roundtable discussion before the Senate Health, Education, Labor and Pensions (HELP) Committee. [PDF]

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

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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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Relying on tonight’s Mega Millions jackpot to fund your retirement?

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Looking for ways to finance your retirement? If you’re like Jason Schutz of St. Cloud, Minnesota and you only have a 401(k) plan, you might have bought a lottery ticket for tonight’s record-breaking $640 million Mega Millions jackpot.

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Don't ignore retirement insecurity

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When American Airlines went into bankruptcy in November, our phones started ringing. I'm with the federal Pension Benefit Guaranty Corp. We insure private pensions, and American told its 130,000 employees that they would lose theirs. They called us to ask what would happen: What would they get when they retire?

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Most Baby Boomers Will Work for Life

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Many baby boomers will continue to work after retirement. The decision to work during the traditional retirement years may be a choice or beyond our control.

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Retirement at risk

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Most are way behind, lack skills to plan life after work

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