News Room

Are you looking for the most recent retirement news?

Here you will find articles, blog posts, press releases, newsletters and more. You can read the most recent information below, and you can also search for materials on specific retirement topics by using the filters in the yellow boxes on the left.

Events
09/16/22

Please Join Us For A Celebration of Karen Ferguson on October 26

Please join us in celebrating the life and legacy of Karen Ferguson – and the vibrant future of the Pension Rights Center.

Comments & Letters
08/11/22

PRC Recommendations to IRS on Agenda Items for the 2022-2023 IRS Priority Guidance Plan

The  Pension Rights Center submitted comments to  the  IRS requesting the  agency  to include in  its Priority Guidance Plan several items to  better  protect consumers,  including: (a)  directing  plans to provide  former employees  who leave before retirement  with  a single  complete  statement  of  their earned benefits ; (b) asking the agency to rethink its position on allowing plans […]

Comments & Letters
08/04/22

PRC letter to the IRS on OMB 1545–2187, Proposed Collection of Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits

The Pension Rights Center sent a letter to the IRS urging the Service to strengthen protections for “deferred vested” participants – those who have earned retirement benefits but have left their jobs before collecting benefits. The Center specifically asked the Service to change its guidance to require plan administrators to provide a single unified individual benefit statement […]

PRC In the News
07/26/22

The truckers’ triumph: The incredible story of how a scrappy group of blue-collar retirees rescued their pensions

‘I had to get this fight done no matter what’: It took retired trucker Mike Walden nine years, but reinstated benefits recently started flowing to multiemployer pension participants across America.

PRC In the News
07/25/22|U.S. News & World Report

How to Find an Old 401(k) Account

During the frenzy of leaving behind an old job and getting acclimated to a new position, rolling over your 401(k) plan isn’t always your first priority. Some people even lose track of a 401(k) plan at a former employer. Here’s what to do if you’re trying to find funds held in a previous employer’s 401(k) […]

Blogs & Newsletters
07/11/22

PRC News, July 11, 2022

President Biden Celebrates the Butch Lewis Act on day PBGC issues final rule on law. President Joe Biden, surrounded by cheering workers and retirees, gave a heartfelt speech during a recent event in Cleveland that highlighted the importance of the Butch Lewis Emergency Pension Plan Relief Act (BLA). The President talked about the success of the […]

Press Release
07/08/22

PBGC Issues Final Guidance on Butch Lewis Act

For Immediate Release The Pension Benefit Guaranty Corporation (PBGC) on July 8 released a long-awaited final rule implementing the Special Financial Assistance Program (SFA) under the Butch Lewis Emergency Penson Plan Relief Act (BLA). The BLA, passed in March 2021 as part of the American Rescue Plan Act, authorizes the U.S. Treasury Department to give […]

Blogs & Newsletters
06/30/22

Pension Rights Center Supports Domestic Partner’s Claim for Survivor Benefits

By David Brandolph The Pension Rights Center is the Resource Center providing legal and strategic assistance to a network of six Pension Counseling and Information projects that assists people in 31 states get the retirement plan benefits they’ve earned. Recently, PRC worked with Madeleine Tabor, an attorney with the Western States Pension Assistance Project to […]

Comments & Letters
06/03/22

PRC letter to the Senate HELP Committee on the RISE & SHINE Act

The Pension Rights Center sent a letter to the Senate HELP Committee in support of specific consumer protections in the discussion draft of the Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act (RISE & SHINE Act), but expressed disappointment that the discussion draft bill does not include the critical […]

PRC In the News
05/31/22|Delaware State News

Commentary: Money maze, as retirees become detectives to find ‘lost’ pensions

When Sam Semilia toted up his retirement finances, he was pretty sure that he was due a pension from his time working as a steam engineer for the Diamond Crystal salt company four decades before.

Blogs & Newsletters
05/27/22

Pension Rights Center’s Founder Karen Ferguson Receives Award Posthumously Recognizing Her Importance to Employee Benefits Field

By David Brandolph The International Foundation of Employee Benefit Plans (IFEBP) recently bestowed its 2022 Public Service Award on the Pension Rights Center’s late founder and president, Karen Ferguson, who died in December. “Her life’s work was focused on challenging the systems in place to find a better path for a secure retirement,” Kevin E. […]

Press Release
05/23/22

Karen Ferguson to Receive Honor from International Foundation of Employee Benefit Plans

For Immediate Release The Pension Rights Center is thrilled to announce that the International Foundation of Employee Benefit Plans will be giving its 2022 Public Service Award, posthumously, to Karen Ferguson, the Center’s beloved founder and former president, who died in December at age 80. The award will honor Karen for her lifetime of advocacy […]

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