Wharton Professor and Director of the Pension Research Council, Olivia S. Mitchell, will speak Sept. 28 on “New Developments in Retirement Risk Management,” a Hilldale Lecture at University of Wisconsin Madison.…Read More
Congrats to Profs. Annamaria Lusardi of George Washington University and GFLEC and Olivia S. Mitchell of Wharton of the PRC who won the ARIA 2022 Kulp-Wright Book Award for “Remaking Retirement: Debt in an Aging Economy.” The volume explores the rise in older persons’ debt and reviews policies to remedy these financial problems.…Read More
Is ESG investing in violation of or consistent with fiduciary duties? State-imposed political demands prove problematic for pension plan fiduciaries explains Professor Olivia S. Mitchell of the Wharton School via Pandionline.com (Registration required)…Read More
Taxing 401(k) contributions versus payouts will alter saving, investment, consumption, & Social Security claiming. But there’s little rationale for policymakers to favor taxing pension contributions versus pension payouts, on egalitarian or revenue-enhancing grounds. Research by Vanya Horneff and Raimond Maurer of Goethe-Universität Frankfurt, and Olivia S. Mitchell of The Wharton School via Journal of Pension Economics & Finance.…Read More
Retirement plan type, income level, and age all impact pension withdrawal choices for participants who terminate employment with company pensions, explain Profs. Olivia S. Mitchell of The Wharton School and Robert L. Clark of NC State Poole College of Management via ThinkAdvisor. Also participants with higher Financial Literacy levels are more likely to choose annuitized benefits. Download @PensionResearch working paper here.…Read More
How many American workers lack access to a workplace retirement savings plan or pension? John Sabelhaus of the Brookings Institute and University of Michigan Survey Research Center uses new data to address this question via a discussion of his new PRC Working Paper, “The Current State of U.S. Workplace Retirement Plan Coverage.”…Read More
PRC 2022 Symposium researchers find real-world shocks undermine retirement preparedness. Saving more, working longer, and expecting less can help, explains Professor Olivia S. Mitchell via Knowledge at Wharton.…Read More
Wharton Professor Olivia S. Mitchell dubious that pension funds should move massively into private equity investments, via Chief Investment Officer. [Registration required]…Read More
How do economic forces shape retirement systems? Speakers explain, at the 29th Pension Research Council’s Spring Symposium, “Real World Shocks and Retirement System Resiliency.” Via Retirement Income Journal.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that J.P. Morgan Asset Management has rejoined the Council as an Associate Member for 2022.…Read More
