The Pension Research Council
Twitter Facebook LinkedIn YouTube Blog

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

Recreating Sustainable Retirement: Resilience, Solvency, and Tail Risk
Raimond Maurer, Olivia Mitchell, and P. Brett Hammond, Editors
October 2014

This book offers an in-depth analysis of the 'black swans' that threaten private and public pensions around the world such as capital market shocks, surprises to longevity, regulatory/political risk, and errors in modelling.

» View all books

Working Papers

Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Tatjana Schimetschek

Cognitive Constraints on Valuing Annuities
Jeffrey R. Brown, Arie Kapteyn, Erzo F.P. Luttmer, and Olivia S. Mitchell

Optimal Portfolio Choice in Retirement with Participating Life Annuities
Ralph Rogalla

» View all abstracts

News and Media

Download the latest PRC Newsletter [401K PDF]

How People Miscalculate Insurance Needs

Calpers Drops Hedge Funds

Who Will Provide?

» More News & Media

Follow us on Twitter


Retire Secure: The PRC Blog


Top Downloads of the Week

1. The Portfolio Pension Plan: An Alternative Model for Retirement Security
Richard C. Shea, Robert S. Newman, and Jonathan P. Goldberg
2. Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Tatjana Schimetschek
3. The Australian and United States Retirement Income System: Comparisons with and Lessons for the United States
Rafal Chomik and John Piggott
4. Retirement Shares Plan: A New Model of Risk Sharing
Donald E. Fuerst