Blogs & Newsletters
09/29/12

NFL sacks referees’ retirement security

If you’re a sports fan, chances are that you’ve heard about the standoff between the NFL and its referees. The impasse, resolved on Thursday, resulted in three weeks of officiating by replacement referees who, according to some, fumbled more calls than the players. For many, this would have been the news. However, we at the […]

Comments & Letters
09/28/12

PRC letter in support of California SB 1234 (09/28/2012)

The Pension Rights Center sent a letter to California Governor Jerry Brown, urging him to sign SB 1234, a bill that would expand pension coverage by establishing a state-based retirement plan for private-sector workers. Gov. Brown signed the bill. Read the letter. [PDF]

PRC In the News
09/26/12|USA Today

Women face host of obstacles to retirement

When Jeanne Majors, 63, took an early retirement in December 2005, she assumed that she would pick up a part-time job and be in good financial shape. She didn’t know that her future would quickly fall apart.

PRC In the News
09/25/12|Investment News

Will pension plans stage a comeback?

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

PRC In the News
09/25/12|Bloomberg BNA Pension & Benefits Reporter

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

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]

Comments & Letters
09/24/12

Comments to the IRS on reporting and notice requirements for deferred vested benefits (09/24/2012)

The Pension Rights Center submitted comments to the Internal Revenue Service on reporting and notice requirements for deferred vested benefits under Section 6057 of the Internal Revenue Code. Read our comments.

PRC In the News
09/23/12|Dayton Daily News

Delphi retirees gaining ground in fight to restore pensions

Many of the nation’s 20,000 Delphi salaried retirees believe they are gaining ground in their three-year fight to have their full pensions restored.

Speeches & Statements
09/20/12

PRC participates in a Senate HELP Committee roundtable discussion on the future of pensions (September 20, 2012)

On September 20, the Senate Committee on Health, Education, Labor, and Pensions held a roundtable discussion on “Pension Modernization for a 21st Century Workforce.” Eight panelists, including the Pension Rights Center’s Karen Friedman, were invited to discuss three questions about the future of pensions and to submit written responses to the questions. Karen’s written responses […]

PRC In the News
09/16/12|New York Times

The Road to Retirement

Even before the Great Recession, Americans were not saving enough, if anything, for retirement, and policy experts were warning of a looming catastrophe. The economic downturn and its consequences — including losses in jobs, income, investments and home equity — have made that bad situation much worse.

Events
09/14/12

Retirement Security for All: A Forum for State Action

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 […]

PRC In the News
09/11/12|New York Times

Spouse’s Consent Is Required to Change Retirement Account Beneficiary

Why does a married person who has certain kinds of accounts have to get his or her spouse’s permission to change the beneficiary of those accounts?

PRC In the News
09/11/12|New York Times

Should the 401(k) Be Reformed or Replaced?

John Greene worked for 30 years at an Oscar Mayer plant in Madison, Wis., deboning hams and loading boxes of hot dogs. His plan grew to $60,000, and soon after retiring he began withdrawing $3,600 a year from it, money that allowed him and his wife to take what he called a wondrous two-week trip […]