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Pension Rights Center
The Pension Rights Center is a nonprofit consumer advocacy organization established in 1976. Its stated mission is "to protect and promote the retirement security of American workers, retirees and their families." Background Karen Ferguson became a consultant for the United Mine Workers of America where she learned that corporate interest groups planned to undermine the new Employee Retirement Income Security Act of 1974. She told Ralph Nader about the issue and he gave her $10,000 to fight for the rights of pensioners. With the money from Nader, Ferguson founded the Pension Rights Center in 1976. Nader later contributed another $30,000. The center is a nonprofit consumer advocacy organization established to protect the pensions of retirees. The Center provides information, referrals, and legal assistance to individuals, provides legal training to attorneys, and advocates on policy issues related to retirement income from a workers' and consumers' perspective. Since 1993, the ...
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Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (other) ...
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AARP
AARP (formerly called the American Association of Retired Persons) is an interest group in the United States focusing on issues affecting those over the age of fifty. The organization said it had more than 38 million members in 2018. The magazine and bulletin it sends to its members are the two largest-circulation publications in the United States. AARP was founded in 1958 by Ethel Percy Andrus, a retired educator from California, and Leonard Davis, who later founded the Colonial Penn Group of insurance companies. It is an influential lobbying group in the United States. AARP sells paid memberships, and markets insurance and other services to its members. History According to the group's official history, AARP evolved from the National Retired Teachers Association (NRTA), which Dr. Ethel Percy Andrus had established in 1947 to promote her philosophy of productive aging, and to promote health insurance for retired teachers. In seeking group insurance coverage for retired teach ...
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Organizations Established In 1970
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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Non-profit Organizations Based In Washington, D
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Government Watchdog Groups In The United States
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ...
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PBGC
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary to carry out its operations. Subject to other statutory limitations, PBGC's single-employer insurance program pays pension benefits up to the maximum guaranteed benefit set by law to participants who retire at 65 ($67,295 a year as of 2018). The benefits payable to insured retirees who start their benefits at ages other than 65 or elect survivor coverage are adjusted to be equivalent in value.
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United States Senate Special Committee On Aging
The United States Senate Special Committee on Aging was initially established in 1961 as a temporary committee; it became a permanent Senate committee in 1977. As a special committee, it has no legislative authority, but it studies issues related to older Americans, particularly Medicare and Social Security. Prior to the passage of Medicare, the committee was studying health care insurance coverage for elderly American citizens. The committee conducts oversight of the Medicare program, Social Security and the Older Americans Act. Some of the issues that have been examined by the committee include unacceptable conditions in nursing homes, protection from age discrimination, and pricing practices for prescription drugs. Members, 117th Congress Historical rosters 115th Congress 116th Congress Chairperson * Patrick V. McNamara (D-MI), 1961–1963 *George Smathers (D-FL), 1963–1967 *Harrison A. Williams (D-NJ), 1967–1971 *Frank Church (D-ID), 1971–1979 *Lawton Chiles ( ...
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Elder Law
Elder rights are the rights of older adults (usually those in the seventh decade of life or older, although this definition is disputed), who in various countries are not recognized as a constitutionally protected class, yet face discrimination across many aspects of society due to their age. Common rights issues faced by elders include age-related job discrimination (such as forced age of retirement), lack of access to medical treatments, because of age or age-related obstacles, societal perceptions of ability/disability due to age, and vulnerability to abuse, including financial, physical, psychological, social, and sexual abuse, because of diminished capacity and lack of access to/ability to use technology. One of the earliest efforts by the US federal government to protect financial rights of elders was the establishment of Social Security benefits via the Social Security Act in 1935, providing income to retired individuals who qualify. Defining elder rights In 1991, the ...
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Employee Benefits Security Administration
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA). At the time of its name change in February 2003, EBSA was known as the Pension and Welfare Benefits Administration (PWBA). Prior to January 1986, PWBA was known as the Pension and Welfare Benefits Program. Leadership EBSA is led by the Assistant Secretary of Labor for Employee Benefits Security, a Sub-Cabinet-level position requiring nomination by the President of the United States and confirmation by the United States Senate. The office is currently held by Lisa Gomez, who was sworn in as Assistant Secretary on October 11, 2022. The previous Assistant Secretary of Labor for Employee Benefits Security and head of the Employee Benefits Security Administration was Preston Rutledge. Past Assistant Secretaries include Phyllis Bo ...
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The Atlantic Philanthropies
The Atlantic Philanthropies (AP) was a private foundation created in 1982 by Irish-American businessman Chuck Feeney. The Atlantic Philanthropies focused its giving on health, social, and politically left-leaning public policy causes in Australia, Bermuda, Ireland, South Africa, the United States and Vietnam. It was among the largest foreign charitable donors in each of the countries in which it operated, and was the single largest funder of programs that encouraged the civic engagement of older people and of comprehensive immigration reform in the United States. With the single largest advocacy grant ever made by a foundation, the Atlantic Philanthropies committed $27 million to win passage of the Affordable Care Act in the United States. About half of the Atlantic Philanthropies' grants were made in donations that allow lobbying. The Atlantic Philanthropies commenced a spend-down process in 2012, and planned to fully close down by 2020 after the remaining portion of Feeney's fort ...
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Pensions
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ...
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Administration On Aging
The Administration on Aging (AoA) is an agency within the Administration for Community Living of the United States Department of Health and Human Services. AoA works to ensure that older Americans can stay independent in their communities, mostly by awarding grants to States, Native American tribal organizations, and local communities to support programs authorized by Congress in the Older Americans Act. AoA also awards discretionary grants to research organizations working on projects that support those goals. It conducts statistical activities in support of the research, analysis, and evaluation of programs to meet the needs of an aging population. AoA's FY 2013 budget proposal includes a total of $1.9 billion, $819 million of which funds senior nutrition programs like Meals on Wheels. The agency also funds $539 million in grants to programs to help seniors stay in their homes through services (such as accomplishing essential activities of daily living, like getting to the docto ...
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