The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that The Pew Charitable Trusts has joined the Council as an Associate Level Member for 2023. Pew was also a member of the PRC in 2018.…Read More
Defined benefit pension payments could extend longer than a century for today’s new participants, affecting the plans’ funded ratios, explains Prof. Olivia S. Mitchell of the Wharton School via The Economist. (Subscription required)…Read More
Financial regret increases when older Americans are encouraged to consider their likely longevity, find economists Abigail Hurwitz of the Hebrew University of Jerusalem and Olivia Mitchell of the University of Pennsylvania’s Wharton School via MarketWatch. …Read More
60% of older survey respondents feel regret for not having saved more and claimed Social Security too young, report Profs Abigail Hurwitz of the Hebrew University of Jerusalem, and Olivia S. Mitchell of the University of Pennsylvania, via Think Advisor.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that the International Foundation of Employee Benefit Plans has rejoined the Council as an Associate Member for 2023.…Read More
Providing people objective longevity information and survival probabilities could impact early financial decisions and alert people to retirement risk, find Profs. Abigail Hurwitz of the Hebrew University of Jerusalem and Olivia S. Mitchell of the Wharton School. Read paper here. …Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that Bank of America has rejoined the Council as an Executive Director Level Member for 2023.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that the FINRA Investor Education Foundation (FINRA Foundation) has rejoined the Council as an Associate Level Member for 2023.…Read More
Not understanding life expectancy and longevity risk lead many to undersave for retirement or forgo longevity insurance, report researchers Olivia S. Mitchell of Wharton and Abigail Hurwitz and Orly Sade of the Hebrew University of Jerusalem, via Alliance for Lifetime Income.…Read More
Recent study ‘Racial and ethnic differences in longevity perceptions and implications for financial decision-making’ by Professor Olivia S. Mitchell of Wharton and Profs. Abigail Hurwitz and Orly Sade of the Hebrew University of Jerusalem spotlighted by TIAA Institute in Q3 2022 Update.…Read More
