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March 21, 2013

PRC trains staff from Maryland Legal Aid
Legal Director, Rebecca Davis, and Staff Attorney, Emily Spreiser, gave a half-day Pension Basics training to attorneys at Maryland Legal Aid. The training covered federal laws governing private retirement plans and topics that legal services lawyers are most likely to encounter while assisting their clients – including divorce, lost pension plans, plan termination, and recoupment. If you are a legal services provider and would be interested in a training or advice on pension-related issues that affect your clients, contact us.

Join the Pension Rights Center and the National Council on Aging for a webinar
The Pension Rights Center is teaming up with the National Council on Aging for a webinar on resources to help aging services providers assist clients with retirement plan problems. The March 29th webinar will also include information on the Pension Counseling and Information Program and the Center’s PensionHelp America website, which connects people who are having problems with their pension or retirement savings plans with counseling projects, other legal services providers and government agencies that can assist them. Register for the webinar.
PRC speaks
In the past few months, PRC Executive Vice President and Policy Director Karen Friedman has been a featured speaker at several conferences. Most recently, Karen hosted a workshop at the American Society on Aging’s Aging in America Conference, where she explained the important work of the Pension Counseling and Information Program in helping individuals who have problems with their retirement plans. Karen also spoke on a panel at the National Association of Plan Advisors/American Society of Pension Professionals and Actuaries’ annual summit in Las Vegas, where she discussed the strengths and weakness of 401(k) plans. At the National Academy of Social Insurance’s 25th Annual Policy and Research Conference, Karen Friedman participated in a panel discussion on innovative proposals to help Americans save for retirement.
More: Karen Friedman’s
speech at ASPPA conference | Karen Friedman’s speech at NASI’s 25th Annual Policy and Research Conference 
States provide innovative solutions to retirement income crisis
Lawmakers in several states have passed or are considering  legislation to help private-sector workers save for retirement. PRC’s Executive Vice President and Policy Director Karen Friedman testified before two committees of the Connecticut State Legislature on proposals within that state to create a retirement plan for small employers. She also testified before one of the committees on proposed legislation to protect retirees whose pensions are transferred to life insurance companies.
Additional Reading: PRC fact sheet:
State-based retirement plans for the private sector | PRC fact sheet: What happens when a pension is transferred to an insurance company?

In the media
The work of the pension counseling projects was highlighted in Bottom Line Personal, a personal finance publication. Karen Friedman joined a panel of experts to discuss the future of pensions and the American dream as part of Retirement Living TV’s “Fix America” program. Karen was also quoted in a Los Angeles Times article about California’s new state-administered retirement plan for private-sector workers.

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  Pension Rights Center
1350 Connecticut Avenue NW, Suite 206 | Washington, DC 20036 | (202) 296-3776