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Current Pension Laws Penalize Women.
Target: U.S. CongressSponsored by: Pensions Work, PensionsWork.org
Women should not have to choose between having a family and having a secure retirement!
Women today play a much greater role in our workforce than they did just a few decades ago. And yet, pension plan laws have not been updated. The current laws unfairly penalize women for taking time off to raise families. It's time for pension plan laws that reflect the economy and the workplace of today and the future.
Many companies have begun to adopt cash balance and other hybrid pension plans - ones that do not assume a full, uninterrupted career with a single company. These plans allow women to earn and keep substantial benefits earlier in their employment.
However, these modern plans are now at risk. Due to a recent court decision and Congressional inaction, companies may be forced to stop offering cash balance and other hybrid pension plans - leaving women workers everywhere facing the prospect of "turning back the clock" when it comes to pension fairness.
Don't make women choose between having a family and having a secure retirement!
Let Congress know you will no longer stand for inaction when it comes to pension equality.
Women today play a much greater role in our workforce than they did just a few decades ago. And yet, pension plan laws have not been updated. The current laws unfairly penalize women for taking time off to raise families. It's time for pension plan laws that reflect the economy and the workplace of today and the future.
Many companies have begun to adopt cash balance and other hybrid pension plans - ones that do not assume a full, uninterrupted career with a single company. These plans allow women to earn and keep substantial benefits earlier in their employment.
However, these modern plans are now at risk. Due to a recent court decision and Congressional inaction, companies may be forced to stop offering cash balance and other hybrid pension plans - leaving women workers everywhere facing the prospect of "turning back the clock" when it comes to pension fairness.
Don't make women choose between having a family and having a secure retirement!
Let Congress know you will no longer stand for inaction when it comes to pension equality.
Sign Petition! see who signed this
We signed the “Current Pension Laws Penalize Women.” petition!
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Terri Westphall, Washington
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