Pension Rights Center: Pension Bill Introduced in Senate

June 28, 2007: At a press conference today, Senator Tom Harkin (D-Iowa) introduced the Restoring Pension Promises to Workers Act of 2007, which contains a number of provisions “to help ensure Americans’ pensions will be there for them when they retire.” For one, the bill would create an Office of Participant Advocacy, which would be a resource for people who are affected by shortcomings in the laws. The bill also includes a provision that would require companies that provide extravagant executive pay packages to maintain a defined benefit pension plan for their workers. There are also protections for employees whose divisions are sold, certain retired union members affected by pension cutbacks, and spouses of federal employees. Read Senator Harkin’s press release. Karen Friedman, PRC Policy Director, spoke at the press conference in support of the bill. Read her statement.

To read the full article, click here.

Get Advice Join TDU Donate

Recent News

Vote on TDU Convention Workshops

TDU will hold a series of online workshops and webinars starting on August 23 leading up to an online Convention on Sunday, November 8. Help decide what workshops to hold by taking this online poll.

TDU Convention Moves Online

The TDU Convention is moving online this year. We’ll be holding a series of workshops and zoom meetings starting on August 23rd, culminating in an online Convention on Sunday, November 8.

View More News Posts