The Pension Research Council

Wharton: University of Pennsylvania The Pension Research Council of the Wharton School of the University of Pennsylvania is committed to generating debate on key policy issues affecting pensions and other employee benefits. We sponsor interdisciplinary research on the entire range of private pension and social security programs, as well as related benefit plans in the United States and around the world. Olivia S. Mitchell, International Foundation of Employee Benefit Plans Professor, is the Executive Director of the Council.

Books

Securing Lifelong Retirement Income
Olivia S. Mitchell, John Piggott, and Noriyuki Takayama, Editors
June 2011


This edited volume brings together leading international experts to evaluate the challenge posed by trends in longevity risk and draws out the implications and constraints of this new reality for insurance companies and annuity providers. It aims to instigate new thinking among retirement planners, plan sponsors, academics, and industry leaders seeking to manage retirement payouts and longevity risk.

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Working Papers

Public Pension Pressures in the United States
Olivia S. Mitchell

Optimal Financial Literacy and Saving for Retirement
Annamaria Lusardi, Pierre-Carl Michaud, and Olivia S. Mitchell

Social Interaction Effects and Individual Portfolio Choice: Evidence from 401(k) Pension Plan Investors
Timothy (Jun) Lu

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News and Media

Download the latest PRC Newsletter [401K PDF]

Bloomberg.com: Putting Off Retirement, Not Finding Work

PBS: AMR Bankruptcy's Domino Effect

USNews.com: How Co-Workers Influence Your 401(k) Choices

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