Pension Research Council News

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

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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