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In the News (View all)

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The Pension Rights Center is mentioned in articles where you see the PRC icon.

Congressional proposal would limit when retirees must return pension overpayments

07/29/2021 | CNBC

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.

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IRS Again Extends Remote Witnessing for Retirement Plan Changes

07/02/2021 | SHRM

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.

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

06/28/2021 | Tribune Content Agency

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.

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Latest News Releases (View all)

New Law Causes Musicians’ Pension Trustees to Rethink Benefit Cuts

03/26/2021

Tens of thousands of musicians— pianists, trumpeters, celloists, saxophonists and others— who were fighting cuts to their pensions are reaping immediate gains from the newly enacted Butch Lewis Emergency Pension Plan Relief Act, which was passed as part of the $1.9 trillion Covid-19 aid package, known as the American Resc

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Time to Celebrate! Congress Passes Legislation to Protect Retirees’ Pensions

03/10/2021

The Pension Rights Center and workers and retirees across the nation are celebrating the passage of the Butch Lewis Emergency Pension Plan Relief Act, as part of the $1.9 trillion Covid-19 aid package.

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Jazz Musicians Paul Livant and Andy Snitzer Contribute “Service Award” to Pension Rights Center

01/08/2021

Andy Snitzer and Paul Livant, the named plaintiffs in a class action lawsuit against the trustees of the American Federation of Musicians and Employers Pension Fund (AFM-EPF), received a service award of $10,000 each when that case settled.  Rather than keep their awards, which compensated them for their time and the risks they took on, they decided to donate the full amount of their award

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Speeches, Statements, and Letters (View all)

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)

06/24/2021

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. 

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

05/28/2021

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

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

05/10/2021

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. 

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