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Color of Money Live Chat

Color of Money Live Chat

Karen Friedman and Joellen Leavelle chat with the Washington Post's Michelle Singletary about retirement issues.  Read the transcript.

Iron Workers Local 17 becomes first plan to cut retiree pensions

Pensions for some Cleveland retirees will be cut starting February 1.  Read our press release.
Are you facing retiree pension cuts?

Facing retiree pension cuts?

Has your pension plan applied to cut retiree pensions?  Here's what you can do.
Pension Counseling & Information Program

Need legal help?

The Pension Counseling and Information Program can help with any retirement plan questions.  Get free legal help with pension problems.

Latest News

Will your pension be there when you need it?

Karen Friedman is the executive vice president and policy director at the Pension Rights Center, and Joellen Leavelle is the group’s communications and outreach director. Last week, I invited them to answer readers’ questions about their pensions. Here are some questions they didn’t have time to get to from last week’s Color of Money live chat.


Color of Money Live Chat with Michelle Singletary

PRC's Karen Friedman and Joellen Leavelle discussed an array of retirement issues during Michelle Singletary’s Color of Money Live Chat on February 16, 2107.


Letter to U.S. House of Representatives leadership urging a "no" vote on the Congressional Review Act Resolutions to overturn the Department of Labor’s common sense rule on “Savings Arrangements Established by States for Non-Governmental Employees

The Pension Rights Center sent a letter to key leadership in the U.S. House of Representatives urging them to vote against two resolutions that would overturn the common-sense rule issued by the Department of Labor in 2016 to expand retirement savings opportunities for private-sector workers who are not covered by an employer-sponsored retirement plan, such as a traditional pension or 401(k) plan. More...

Congress Poised To Halt State-Mandated Small Business Retirement Plans

Large employers are backing two Congressional resolutions that would put a stop to burgeoning state and city-mandated workplace retirement savings programs meant to cover the 55 million American workers without a private sector plan. The vote could come next week, and is causing alarm among retirement security watchdogs and the states that are rolling out plans.


How to track down an old retirement account

Dear Liz: I worked for a company during the late 1990s.  When I left, I had a 401(k) worth approximately $10,000. I recently found an old 401(k) statement and called the plan administrator.


​Pension advance firms could get windfall from Dallas funding crisis

A proposal being floated by state lawmakers to fix the troubled Dallas police and fire pension could benefit companies that some fear would prey upon retirees seeking advances on their plans.


Joellen Leavelle appears on the Ron Ponder Show

Joellen Leavelle, PRC's communications and outreach director, appeared on the Ron Ponder Show where she discussed recent pension cuts affecting Iron Workers Local 17 retirees as a result of the Multiemployer Pension Reform Act.


Pension Rights Center statement on executive order seeking review of fiduciary rule

Ensuring that all Americans saving for retirement receive unbiased investment advice is paramount to guaranteeing their economic security in retirement. The Center believes that every American has a right to investment advice that will maximize their retirement savings rather than line the pockets of unscrupulous investment advisers. More...

Can President Trump help ironworkers about to lose part of pensions? Retiree family makes an unlikely plea

Congress didn't help Cleveland's retired ironworkers, who are about to lose part of their pensions. The Treasury Department didn't either, although it said it did all it could. Can President Donald Trump help?


Feds Break Silence, Back Hospitals in Church Pension Battle

Five federal agencies have asked the U.S. Supreme Court to rule that religiously affiliated hospitals can run pension plans exempt from federal law, a move that’s been challenged in dozens of class actions by hospital employees around the country.