Wharton School’s Pension Research Council Welcomes Fidelity Investments as Associate Level Member

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 2023. Read More
401(k) plans leading the way toward retirement security, but room for growth, experts say

Unlocking retirement potential: 401(k) plans have improved retirement prospects yet many still expose retirement savers to longevity risk. Wharton Professor Olivia S. Mitchell recommends bolstering #DC plans with deferred annuities. Via PIOnline. Read More
UAW wants pensions back. Automakers really don’t

Though the United Auto Workers want traditional defined benefit plans restored, Olivia S. Mitchell, Executive Director of Wharton’s Pension Research Council argues that deferred annuities in a 401(k) plan provide more secure retirement incomes for today’s labor force, via Investment News. Read More
The UAW’s ‘record contract’ hinges on pensions, battery plants

Including annuity options in company 401(k) plans could provide UAW retirees assurance of lifetime income, says Wharton Professor Olivia S. Mitchell, via Reuters. Read More
U.S. lags globally on retirement due to health, quality of life issues

Social Security offers more than most other countries’ retirement systems, but restoring its solvency is key to Americans’ retirement security, says Wharton Prof. Olivia S. Mitchell, via InvestmentNews. Read More
Financial literacy: The importance of a new field

Researchers Annamaria Lusardi of Stanford’s SIEPR and Olivia S. Mitchell of Wharton’s Pension Research Council founded the new field of financial literacy, key for personal finance teaching and retirement policy; see their blog VoxEU. Read More
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