Month: October 2016
Securing Economic Justice for Seniors in a Changing Retirement Landscape
Event description: As part of the American Bar Association’s National Aging and Law Conference, Pension Rights Center staff joined with the Administration on Community Living for the following presentation. To enjoy a middle class lifestyle in retirement, seniors must supplement Social Security with earned retirement income. But recent changes to the laws governing earned retirement […]
No Easy Solutions to Help Multiemployer Pension Plans
Several options have been proposed to bolster the PBGC’s multiemployer pension program funding by altering its premium structure, but none have overwhelming appeal, and all would require some give from stakeholders, the American Academy of Actuaries said.
8 steps to seek retirement funding peace of mind
It’s always a good time to talk about retirement planning because many Americans near or at retirement are worried they’ll outlive their money. It’s a legitimate concern.
Upstate Teamsters Face 30% Pension Cut
Retired after 18 years as a trucker, Morristown’s Bill Mead faces an unpleasant fact. “The Teamsters fund is going belly up, for lack of a better word,” he said. The upstate teamsters fund is asking the Treasury Department to okay a 31 percent cut in the monthly check for retirees.
What Happens When There’s a Mistake in Your 401(k)
Are you keeping a close eye on your 401(k) and other retirement plans? You should, because employers and plan managers make mistakes—and that can lead to big headaches and out-of-pocket costs for you.
Pension Rights Center celebrates 40 years, pension ‘superheroes’
The Pension Rights Center in Washington celebrated its 40th anniversary and named several pension “superheroes” at an award ceremony Thursday.
Plan would hang onto retirement funds for employees who can’t be found
When it comes to saving for retirement, every penny counts. Even lost pennies. The Pension Benefit Guaranty Corp. has a plan to help thousands of retirement savers find those lost pennies.
A superhero night to remember
If you’ve attended any of our past celebrations, you know that we at the Pension Rights Center know how to throw a party! And that’s just what we did to celebrate our 40th anniversary. On Thursday, October 6, the Pension Rights Center held an anniversary reception, and, in keeping with tradition, we honored a number […]
Pension Rights Center comments to Treasury Department on Iron Workers Local 17 Pension Plan’s application to cut retiree benefits (October 14, 2016)
The Pension Rights Center submitted comments to the Treasury Department regarding the Iron Workers Local 17 Pension Plan’s application to cut retiree benefits under the Multiemployer Pension Reform Act of 2014. In its comments, the Center urges Treasury to reject the Iron Workers Local 17 application because: The application does not demonstrate that the proposed […]
Retirement and Divorce
Event description: The Pension Rights Center provided a legal training for staff of the DC Volunteer Lawyers Program on issues they may face when working with clients who are entitled to a retirement plan benefit and ensuring their rights are represented in divorce proceedings.
Pension Rights Center 40th Anniversary
Event description: The Pension Rights Center celebrated 40 years of protecting earned retirement benefits for workers, retirees and their families at a reception. 40th Anniversary Gala Event: A Celebration of Superheroes On Thursday, October 6, 2016, the Pension Rights Center celebrated its 40th anniversary at a gala reception. The reception honored individuals who have made […]