
The Wharton School of the
University of Pennsylvania established the Boettner
Center for Pensions and Retirement Security to support scholarly research,
teaching, and outreach on global aging, successful retirement, and public
and private pensions. The center also will disseminate research findings to
international audiences of academics and policy-makers as well as support
data development efforts at the University of Pennsylvania. Olivia S. Mitchell,
International Foundation of Employee Benefit Plans Professor, is Boettner
Center Director. Focuses of the Center include:
Research on Global Aging
Affiliates of the center focus on challenges and opportunities associated with global aging and retirement. Researchers will evaluate means to strengthen global retirement income systems and ways to address economic and social problems in developing and developed countries.
Research on Successful Retirement
The center encourages research on saving behavior, how/why retirees invest well or poorly, and how they manage their resources during retirement. Projects may evaluate links between older peoples' psychological and physical conditions as theses influence retirement patterns and wellbeing, as well as interactions between physical and mental health, and successful retirement. Affiliates concerned with retirement security and financial gerontology will develop models to predict and enhance financial security among the elderly.
Research on Retirement Income Security
The center supports projects on public and private pensions, extending the work of the Pension Research Council at the Wharton School. Projects will include research on retirement plan guarantees, government social insurance programs including disability insurance, participant-directed pensions and the impact of administrative costs, investment options in retirement, and regulation and supervision of annuity markets in the context of retirement systems. Projects also will evaluate the optimal mix between public and private retirement income programs.
