RetireSecure Blog

The Pension Research Council’s curated blog features insights from the industry’s leading professionals. Views of our Guest Bloggers are theirs alone, and not of the Pension Research Council, the Wharton School, or the University of Pennsylvania.

How Environmental, Social, and Governance (ESG) Criteria Have Evolved for Pension Investors

Environmental, social, and governance (ESG) considerations in institutional investing have evolved over the past decades. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran look at the ESG topics raised at the recent PRC Symposium.Read More

Unexpected Risks and Retirement Planning

Societal risks such as climate change, pandemics, and financial volatility can have long-term effects and challenge retirement planning and financial resilience, writes Anna M. Rappaport at the RetireSecure blog.Read More

Building—and Using—Emergency Savings Helps to Create Lifetime Financial Security

Maintaining and using a separate emergency savings account helps make households financially stronger and better able to save more for retirement, writes David John via the RetireSecure blog.Read More

2021 PRC Symposium Report: “Sustainable Investment in Retirement Plans: Challenges and Opportunities”

The Pension Research Council’s 2021 Symposium, “Sustainable Investment in Retirement Plans: Challenges and Opportunities,” cohosted by Brett Hammond of Capital Group, Raimond Maurer of Goethe University Frankfurt, and Wharton Prof. Olivia S. Mitchell, was held online April 29-30, 2021. Here are some of the highlights from the event.Read More

Millennials and Financial Resilience

Millennial and Gen Z adults lagged behind in retirement savings even before the pandemic, but after the past year’s economic hardships, many are now more committed to putting their finances in order, writes Jeanne de Cervens at the RetireSecure blog.Read More

Reboot, Rewire, or Retire: The Future of Phased Retirement

Opting for phased retirement? Find your own path for fulfillment, and a ‘life portfolio’ is as important as a financial portfolio, involving health, and the people, places, and activities you value, explains Anna Rappaport. Via the RetireSecure blog.Read More

Senate Throws a Pension Curveball

Many multiemployer pensions were already severely underfunded; the just-passed budget bill reduces penalties for employers withdrawing from those plans. Aharon Friedman believes potential consequences will be dire. Via the RetireSecure blog.Read More

Employers’ Sense of Responsibility for Employees’ Financial Wellness Is Rising

Financial wellness programs as an employee benefit have spread of late, but more can be done given COVID-19’s economic effects, explain Kevin Crain, Surya Kolluri, and Sheila Gorman. See our new RetireSecure blog.Read More

Social Security Valued with Market Interest Rates: A Big Problem

The Social Security Administration’s estimates of its shortfalls are overly optimistic, and looming insolvency will likely come sooner than expected unless key problems are addressed, cautions James Moore on the RetireSecure blog.Read More

Solving the Long-Term Care Financing Puzzle in the Wake of COVID-19

Long-term care in the United States has long been underfunded and had its problems ignored, which set the stage for COVID-19 infection and death in care facilities. Nora Super, Jason Davis, and Caroline Servat of the Milken Institute outline several public and private options to improve care financing, via the RetireSecure blog.Read More

New Financial Instruments for Managing Longevity Risk

Lower returns, longevity risk make defined benefit pensions more challenging for employers to offer, but some plan sponsors are transferring these risks to (re)insurers, writes John Kiff at the RetireSecure blog.Read More

State-sponsored Pensions for Private Sector Workers: A Sustainable, Low-Cost Approach

Some US states have created state-sponsored plans to help private-sector workers save for retirement. Assurance funds such as tontine pensions could help convert retirement savings into lifetime income, report Richard K. Fullmer and Jonathan Barry Forman in the RetireSecure blog.Read More