Call for proposals: Netspar (Network for Studies on Pensions, Aging and Retirement) invites applications for its International Comparative Research Grant for 2024. DEADLINE: MARCH 1, 2024 Visit their website to learn more.…Read More
The Institute of Consumer Money Management recently announced a $2 million grant for studying the financial health of low and moderate income Americans near or in retirement. Prof. Mitchell, Dr. Robert Clark of North Carolina State University, and Dr. Annamaria Lusardi of George Washington University will be working together on…Read More
Oregon is leading the way expanding access to workplace retirement plans via its OregonSaves program. How has it affected participation and outcomes among eligible employees? A new paper entitled “Auto-Enrollment Retirement Plans for the People: Choices and Outcomes in OregonSaves,” by John Chalmers, Olivia S. Mitchell, Jonathan Reuter, Geoffrey Sanzenbacher…Read More
How prepared are gig workers for retirement, and how can older Singaporeans steer clear of financial mistakes? CREA researchers considered these questions at a roundtable on ageing and financial preparedness.…Read More
The TIAA Institute and the Pension Research Council (PRC) of the University of Pennsylvania’s Wharton School released new research this month on the psychology, reasoning, biases and behavioral factors that affect how people make important financial and retirement decisions. The new studies – showcased during the TIAA Institute Fellows Symposium…Read More
The TIAA Institute is partnering with the Wharton School’s Boettner Center/Pension Research Council at the University of Pennsylvania to fund innovative research related to older Americans financial wellness, behavioral insurance, and retirement planning. We are now accepting research proposals focused on this topic. Final funding decisions will be contingent upon continued funding…Read More
Every single day from now until 2030, about 10,000 Baby Boomers turn 65. While this doesn’t mean we become instantly feeble on our birthday, it does mean that we must start planning ahead for things that will be much more difficult to handle later.…Read More
It’s well-known that there’s a huge financial hole in state-sponsored retirement plans for public employees, a hole that states will eventually have to fill with tax increases and spending cuts.
There is, however, still considerable debate as to the size of this government debt owed to public employees. In July 2015, the Pew Charitable Trusts released their latest issue brief, reporting that as of 2013, the nation’s state-run retirement systems had a $968 billion funding gap GPS +1.75%, not far from the “Trillion Dollar Gap” they reported in 2010.…Read More
