ERISA at 40: What Were They Thinking?
Date: October 25, 2013
Event description: Enacted in 1974, the Employee Retirement Income Security Act was the result of a decade-long quest to safeguard the retirement savings of American workers. Opposed by business interests and most labor unions, hobbled by turf wars in Congress and the Executive Branch, ERISA overcame long odds, bringing sweeping regulatory changes for employee benefit plans.
The Pension Rights Center was a co-sponsor of this event. See the agenda from the event.
19th Annual Funniest Celebrity Contest
Date: September 25, 2013
Event description: The Pension Rights Center is honored to be one of the beneficiaries of the 19th annual Funniest Celebrity Contest. For more information and to buy tickets online, visit http://funniestcelebrity.org.
Protecting Retirement Savings: The Case for Modernizing Advice
Date: July 8, 2013
Event description: The Pension Rights Center, along with AARP, the AFL-CIO, Americans for Financial Reform, and others held a briefing for congressional staff on the important role fiduciary duty standards play in protecting the interests of American investors and the urgent need for the SEC and DOL to update these rules.
Webinar: Finding Lost Pension Plans
Date: June 18, 2013, 12:30 p.m.
Event description: The Pension Rights Center held a webinar on tips and tricks for tracking down a lost pension or retirement savings plan. Participants in this webinar learned about the problem of lost pension plans and the resources available to find these plans.
This webinar was offered free of charge for legal service providers and advocates. Learn about the U.S. Administration on Aging’s Pension Counseling and Information Projects.
Webinar: How Financial Security Impacts Nonprofit Career Decisions
Date: May 7, 2013
Event description: Karen Friedman joined economists and experts from TIAA-CREF and Independent Sector as they discussed the results of a study titled, Financial Security and Careers in the Nonprofit and Philanthropic Sector, and how a perceived and real lack of financial security can undermine a nonprofit's ability to attract, retain, and develop the most talented individuals and leaders. Fresh ideas and insights were discussed to help nonprofit executives address these concerns.
Reception Honoring the Pension Counseling and Information Program: 20 Years of Success
Date: April 24, 2013
Event description: The Pension Rights Center celebrated the 20th anniversary of the Pension Counseling and Information Program at a reception in Washington, D.C.
Retirement Security for All: A Forum for State Action
Date: September 14, 2012 — 9:00 a.m. - 3 p.m.
Event description: On September 14, 2012, the Pension Rights Center, the Schwartz Center for Economic Policy Analysis (SCEPA) at the New School, and Dēmos hosted a forum in New York City on expanding pension plan coverage at the state level. The forum brought together state officials with experts from a variety of organizations to discuss proposals for state-administered retirement plans for private-sector workers and to share strategies for moving these proposals forward.
Re-Imagining Pensions: Using Innovative Pension Plan Design to Reduce Risk and Increase Retirement Income
Date: Wednesday, February 22, 2012 — 8:30 a.m. - 2 p.m.
Event description: America's private retirement system has shifted from a world in which employers bore most of the significant risks of retirement to a world in which individuals bear these risks largely on their own. This conference explored whether employers and individuals might be better off in a middle ground between these two extremes -- in plan designs that share the risks of retirement among individuals and their employers. Getting there will require thinking outside the box of traditional defined benefit plans and 401(k) individual account plans.
Retirement Heist: Overlooked Causes of the Retirement Crisis
Date: Monday, November 7, 2011 – 12:30 - 2:00 p.m.
Event description: The decline in employer-sponsored pension and retiree health plans is a troubling trend that has eroded the retirement security of millions of Americans. Stock market losses and low interest rates have weakened pension funding, and employers say that this -- combined with retiree longevity, rising costs and the need to compete globally – is forcing them to freeze pensions and cut retiree benefits.
Pension Rights Center Gala Event: A Celebration of Superheroes
Date: March 30, 2011 – 7:00 - 9:00 p.m.
Event description: On March 30, 2011, the Pension Rights Center held a gala event to celebrate its 35th anniversary. The Center recognized the work of many indivudials by awarding the Robert M. Ball – Lisle C. Carter Superhero Awards and the Helen Quirini Activist Awards, and launched the Michael S. Gordon Fellows Program.
Looking for help with your retirement plan?
If you have a problem with your retirement plan, free help may be available from the U.S. Administration on Aging's network of Pension Counseling and Information Projects. Find help now.
PensionHelp America connects people who need help with their pension, 401(k), and other retirement plans with the pension counseling projects, legal services providers, and government agencies that can help answer their questions. Visit www.pensionhelp.org.
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Retirement USA is a national initiative that is working for a new retirement system that, along with Social Security, will provide universal, secure, and adequate income for future retirees. Visit the website.
Did You Know?
A joint-and-survivor annuity is an annuity that pays a monthly benefit over the lives of the participant and his or her surviving spouse. This is the default form of benefit for married participants in most defined benefit pension plans. Because it lasts for the life of both the worker and the spouse, a joint-and-survivor annuity typically results in a lower monthly benefit payment than a single-life annuity.