Pension Research Council News

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

The top financial regrets of older Americans? Not saving enough, retiring too early, and not buying long-term care insurance. Also, many regret not purchasing annuities and claiming Social Security too early. Insights from Abigail Hurwitz and Olivia S. Mitchell emphasize the importance of proactive financial planning. Read more here.   Read More

Only 14.5% of undergraduates surveyed were proficient on a basic financial literacy test, revealing the pressing need for schools to prioritize/enhance financial education! Fortunately, Federal Reserve employees fared better, as reported here. Read More

Reserve your seat for a Fireside Chat with Ethan Mollick: The Potential Impacts of Large Language Models for an Aging World. Presented by IPRA. Read More

Some firms are making matching 401(k) contributions when employees repay student loans, notes Prof. Olivia S. Mitchell’s research spotlighting the boost to pre-retirement spending and debt-free retirement. Read the Marketplace discussion here. Read More

Interested in sustainable investing? From historical roots to future trends, our new book Pension Funds and Sustainable Investment: Challenges and Opportunities, edited by Profs P. Brett Hammond, Raimond Maurer, and Olivia S. Mitchell, offers a comprehensive view of environmental, social, and governance criteria in pension fund investing. This volume delves into ethical/financial considerations as well ...Read More