© 2024 Pension Rights Center. This work is licensed under a Creative Commons Attribution-Non Commercial 2.5 Generic License.
Recent studies have made news highlighting how few Americans have adequate retirement savings or pensions. But there’s an additional problem bedeviling retirement: even those who have good pensions could lose them. Scores of financially troubled pension plans are at risk of collapse, which could lead to substantial benefit cuts for up to 1.5 million Americans. The House is voting today on a bill that would shore up these shaky plans and save the pensions.
