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Congress Passes Legislation to Protect Retirees’ Pensions

Read our fact sheet about the bill.  Read here

Dividing retirement benefits at divorce

A helpful new guide for individuals who have questions about dividing retirement benefits at divorce. Read our blog to learn more.

New rule may affect how you get information from your retirement plan

Read our fact sheets on the new rule
Pension Counseling & Information Program

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The Pension Counseling and Information Program can help with any retirement plan questions.  Get free legal help with pension problems.

Latest News

Congressional proposal would limit when retirees must return pension overpayments

For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments.


Congress gets closer to addressing the issue of lost retirement plans

Here at PRC, we often hear from people who worked for a company that has since moved, been bought, or gone out of business, and they cannot find their retirement plan. The good news is that Congress seems to be getting closer to addressing this issue. In May of 2021, Senators Elizabeth Warren (D-MA) and Steve Daines (R-MT) re-introduced the Retirement Savings Lost and Found Act (S.1730).


IRS Again Extends Remote Witnessing for Retirement Plan Changes

The IRS has extended through June 30, 2022, remote notarization relief that gives retirement plans greater flexibility for participant elections that require a witness, such as 401(k) loan applications and spousal consent to changes in the distribution of survivor's pension benefits.


The Savings Game: Congress needs to help pensioners find their money

For years, members of Congress have been trying to pass legislation that will allow the federal government to establish a centralized database to help retirees locate their pension and 401(k) plans.


Statement of Norman Stein Before the ERISA Advisory Council Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender” (June 24, 2021)

Norman Stein testified before the ERISA Advisory Council’s Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender.” Read his full testimony, here. 


Comments to the IRS on the 2021-2022 Priority Guidance Plan (May 28, 2021)

PRC submitted comments to the IRS on the agency's guidance agenda for the coming year. Read our comments here. 


Senators revisit bill to create retirement account lost-and-found

A bipartisan bill to create a national online lost-and-found database for retirement accounts has been reintroduced in the Senate.


PRC letter to the Committee on Ways and Means in support of the Securing a Strong Retirement Act of 2021

PRC sent a letter to Chairman Neal and Ranking Member Brady of the House Ways and Means Committee in support of the Securing a Strong Retirement Act of 2021, particularly the provisions that address issues related to recoupment and lost retirement plans. Read the letter here. 


Retirement Plan Literacy—Answers to Common Questions: Part III

In this, the third part of our April financial literacy month series, we answer one more of the top five questions that the Pension Rights Center commonly gets from people looking for a comfortable retirement. More...

What the Butch Lewis Act Will and Will Not Do

On March 11, 2021, as part of the American Rescue Plan Act, President Biden signed the Butch Lewis Emergency Pension Relief Act into law. More...