Pension Research Council News

With high unemployment and economic uncertainty in the wake of the pandemic, more people may need to claim Social Security benefits earlier than they’d planned, weakening an already troubled system. Wharton Prof. Olivia S. Mitchell discusses with host Dan Loney on Wharton Business Daily how savers and policymakers can build a stronger system for the ...Read More

401(k) Rothification (using after-tax, not pre-tax, money for retirement contributions) may seem like a boon to government in a time of soaring deficits and Social Security shortfalls, but this would lead many to save less and cut tax revenue in the long term, Wharton Prof. Olivia S. Mitchell explains to Knowledge@Wharton, discussing her recent study. Read More

Even before the pandemic, retirement systems were in trouble; fixing them will take a multifaceted effort, including changes to accumulation and payout, a shift in policymakers’ approach, and greater financial literacy among savers, Prof. Olivia S. Mitchell explains to Knowledge@Wharton. Read More

Low savings, low returns, Social Security and Medicare shortfalls: Wharton Prof. Olivia S. Mitchell discusses the increasingly uncertain post-COVID retirement landscape with Erin Arvedlund of the Philadelphia Inquirer. Read More

The 28th Colloquium on Pensions and Retirement Research to be held in Sydney, Australia, will be held on 7-8 December 2020. Read More

Low interest rates and population aging will be with us a long time, so reforms are needed to stabilize and strengthen retirement systems. Options include working longer, deferred annuities, and more financial literacy, says Wharton Prof. Olivia S. Mitchell in her new study, cited by Benefits Canada. Read More