The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that TIAA Institute has rejoined the Council as an Associate Level Member for 2025.…Read More
For groundbreaking research influencing public policy on pensions and highlighting the critical role of financial literacy, Olivia S. Mitchell, Wharton Professor and Director of the Pension Research Council at the University of Pennsylvania, will be honored with CIO’s 2024 Lifetime Achievement Award. — Via Chief Investment Officer. …Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that Fidelity Investments has rejoined the Council as an Associate Member for 2025.…Read More
Competing economic proposals could have conflicting effects on private retirement savings for Americans, reducing incentives for some to save while making it more difficult for others to effectively save and invest, notes Professor Olivia S. Mitchell of Wharton’s Pension Research Council, according to Plansponsor.com.…Read More
Many Boeing employees hope their traditional defined benefit pensions will be reinstated, but it’s not likely. Many are seen as too financially risky and face underfunding problems, explains Wharton Professor Olivia S. Mitchell, via Barrons.com.…Read More
Secure 2.0 permits employers to give matching retirement contributions when employees make qualified student loan repayments. This can attract and retain better workers, according to Wharton Professor Olivia S. Mitchell, via Investopedia.com…Read More
The 2024 Pension Research Council symposium explored how behavioral factors and financial literacy shape retirement planning, saving, and spending. Read more here.…Read More
In this article, Wharton Professor and CEPAR Partner Investigator Olivia S. Mitchell discusses longevity risks in aging societies and how financial literacy shapes their well-being in later life. Deferred annuities can help protect lifetime income.…Read More
At an ERISA Advisory Council hearing for the Dept. of Labor, experts recommended including annuities in defined contribution plans to hedge against longevity risk. Olivia S. Mitchell, a Wharton School professor, supported a default annuity structure that begins payments later in life to simplify financial decisions for older participants.…Read More
New NBER/PRC study shows SECURE 2.0 rule letting firms match student loan payments with retirement contributions boosts loan repayment and builds retirement savings. Wharton Prof. Olivia S. Mitchell predicts the program to be attractive for higher-skilled.…Read More
