TIAA-CREF Institute & Wharton’s Pension Research Council Present Innovative Retirement Research to D.C. Policymakers

Two of the nation's leading authorities in retirement research, the  TIAA-CREF Institute and the Pension Research Council at the Wharton School of the University of Pennsylvania, today publicly released several research papers that promote financial well-being and sound retirement planning. From left: Roger Ferguson, Jr., TIAA-CREF; U.S. Senator Johnny Isakson;Read More

Public Pension Changes Can Be Costly

A recent study, “Lessons for Public Pensions from Utah’s Move to Pension Choice,” showed that many public sector workers offered less generous pensions did not boost their supplemental saving to make up for it. Robert L. Clark (Poole College of Management at North Carolina State University); Olivia S. Mitchell (WhartonRead More

Borrowing from Your Retirement?

Two-fifths of workers allowed to borrow from their plans have done so within the past five years, according to a recent Pension Research Council study, “Borrowing from the Future: 401(k) Plan Loans and Loan Defaults .” Co-authors Timothy Lu Jun, Olivia S. Mitchell, Steve Utkus, and Jean Young also showRead More

Burnishing Our Golden Years

Robert Powell recently interviewed Olivia S. Mitchell, Wharton Professor of Insurance/Risk Management & Applied Economics/Policy, and Director of the Pension Research Council, to discuss solutions for America’s retirement system problems. Dr. Mitchell and a few of the country’s other leading retirement experts outlined several ways to help Americans preserve theirRead More