The Pension Rights Center in Washington celebrated its 40th anniversary and named several pension “superheroes” at an award ceremony Thursday.
Karen Ferguson, PRC director and founder, said the center has helped to secure more than $200 million in pension benefits for participants.
Federal officials honored for their role in protecting pensions were Phyllis C. Borzi, assistant secretary of labor for the Employee Benefits Security Administration; J. Mark Iwry, senior adviser and deputy assistant secretary for retirement and health policy at the Department of Treasury; and Pension Benefit Guaranty Corp. Director W. Thomas Reeder Jr.
Ms. Borzi said that while her role ends Jan. 20 with a new administration, “I will still be trying to make things” better for plan participants.
Norman P. Stein, Drexel University law professor, was also honored for his “elegant, perfectly drafted” amicus briefs filed for the center.