Press Releases

As Deficit Reduction Debate Rages, Groups Tell Congress to "Halt the Assault on Retirement Security"

For Immediate Release
Contact:  Nancy Hwa, Pension Rights Center, 202-296-3776

WASHINGTON – While Congress fights over how to cut the federal budget deficit,

Read more...

Retirement Income Deficit and Retirement USA Highlighted at Senate Committee Hearing

For Immediate Release: October 7, 2010
Contact: Joellen Leavelle, Pension Rights Center, 202-296-3776

WASHINGTON – Retirement USA applauds Senator Tom Harkin, Chairman of the Senate Committee on Health, Education, Labor, and Pensions, and members of the Committee for convening today’s hearing on “The Wobbly Stool: Retirement (In)security in America.” Among the hearing’s witnesses was Ross Eisenbrey, vice president of the Economic Policy Institute and a member of Retirement USA’s steering committee.

Read more...

Groups Reveal U.S. Retirement Income Deficit at Launch of Campaign to Make Retirement Crisis a National Priority

For Immediate Release: September 15, 2010
Contact: Nancy Hwa, Pension Rights Center, 202-296-3776

WASHINGTON – The magnitude of the nation’s retirement income crisis was revealed at a press conference in Washington, D.C., today, with the release of the Retirement Income Deficit – the gap between the pensions and retirement savings that American households have today and what they should have today to maintain their living standards in retirement.  Using conservative assumptions, the Retirement Income Deficit is estimated to be $6.6 trillion.  The figure was released by Retirement USA at the start of “Wake Up, Washington!” Month, a speak-out on retirement security that runs from September 15 to October 15. 

Read more...

Re-Envisioning Retirement Security conference press release

Conference Calls for New Approach to Retirement Security, Looks at Proposals for Visionary Future System

For Immediate Release: October 21, 2009
Contact: Nancy Hwa, Pension Rights Center, 202-296-3776

Washington – A Retirement USA conference held in Washington, D.C., today spotlighted the need for a new, visionary approach to retirement security. Convened by the AFL-CIO, the Economic Policy Institute, the National Committee to Preserve Social Security and Medicare, the Pension Rights Center, and the Service Employees International Union (SEIU), Retirement USA is a new initiative working for a future retirement system that, along with Social Security, will provide universal, secure, and adequate income for workers not already covered by a good pension plan.

Read more...

March 10 Launch press release

Groups Launch Retirement USA Initiative, Establish Principles for a Visionary Retirement Income System

For Immediate Release: March 10, 2009
Contact: Nancy Hwa, Pension Rights Center, 202-296-3776

Washington – The Economic Policy Institute, the National Committee to Preserve Social Security and Medicare, the Pension Rights Center and the Service Employees International Union (SEIU) today launched Retirement USA, an initiative working for a new retirement system that, along with Social Security, will provide universal, secure, and adequate income for future retirees.  The groups presented a set of principles that embody the ideal features of a future system and invited others to join the initiative. A major conference is planned for the fall to coincide with the 35th anniversary of the Employee Retirement Income Security Act, the nation’s landmark pension law.

Read more...