2019 Annual Report
The Pension Policy Center seeks consulting and research projects concerning pensions, Social Security, financial planning for retirement, financial advice and disclosures, financial fees, fiduciary duty, pension investing, behavioral finance and other retirement issues in the United States and in other countries using the analytic techniques of both traditional economics and behavioral economics.
This is the twelfth annual report of the Pension Policy Center. The year 2019 was a productive year. This report provides information about the Pension Policy Center research projects completed in 2019.
Pension Policy Center Publications
John A. Turner, Jill E. Fisch of University of Pennsylvania Law School and Marion Labouré of Harvard University wrote “The Emergence of the Robo Adviser.” 2019. In The Disruptive Impact of FinTech on Retirement Systems, edited by J. Agnew and O.S. Mitchell. Pension Research Council conference volume.
Turner, Denis Latulippe, Kamila Bielawska, David M. Rajnes, and Kathleen Peery wrote “Partial Retirement and Pension Policy in Industrialized Countries,” in Work and Pension—Phased and Partial Retirement, edited by József Mészáros, Hungarian State Treasury, 2019, pp. 9-16.
Turner wrote “The Halloween Candy Problem: An Intuitive Model for the Drawdown Phase of the Life Cycle.” Journal of Retirement, Spring 2019 6(4): 60-67.
Turner, Saisai Zhang, Gerard Hughes and David Rajnes wrote “Irrational Expectations, Future Social Security Benefits, and Life Cycle Planning.” Journal of Retirement Winter 2019, 6 (3): 60-68.
Turner wrote “Policy Proposals for Simplifying the Required Minimum Distribution (RMD) Policy.” Benefits Quarterly Third Quarter 2019: 40-48.
Turner wrote “Taxation of U.S. Pensions: The Importance of Exceptions.” NYU Review of Employee Benefits and Executive Compensation. 2019, pp. 2.1-2.12.
Turner and Brian Cooper wrote “Simplifying Tax Liability in IRAs and 401(k) Plans with Both Pre- and Post-Tax Contributions.” NYU Review of Employee Benefits and Executive Compensation. 2019, pp. 7.1-7.13.
Pension Policy Center Papers Accepted for Publication
Turner, Gerard Hughes, and Agnieszka Chłoń-Domińczak wrote “Longevity Insurance Benefits for Social Security: International Experience.” In Economic Challenges of Pension Systems – A Sustainability and International Management Perspective, edited by Marta Peris-Ortiz, José Álvarez-García, Inmaculada Domínguez-Fabián, and Pierre Devolder. Springer, 2020.
Turner, Kamila Bieilawska and Sally Shen wrote “Issues of Trust: Pension Plans, Participants and Service Providers Over the Past 25 Years.” ENRSP Volume, edited by James Kolaczkowski, Michelle Maher, and Yves Stevens. Edward Elgar, 2020.
Turner and Denis Latulippe wrote “Social Security Retirement Policy in Canada and the U.S: Different Reforms, Different Outcomes.” Canadian Public Policy/Analyse de politiques. 2020.
Turner and Inmaculada Domínguez Fabián wrote “The Evolution of the Spanish Private Pension System: 1994-2019.” ENRSP volume edited by James Kolaczkowski, Michelle Maher, and Yves Stevens. Edward Elgar, 2020.
Turner, Jonathan Barry Forman and Dana M. Muir wrote “The Evolution of the U.S. Pension System: 1994-2019.” ENRSP volume, edited by James Kolaczkowski, Michelle Maher, and Yves Stevens. Edward Elgar, 2020.
Turner, Bruce W. Klein and Constance Sorrentino wrote “The Economic Contribution of Older Persons: Reconsidering the Definition of Work.” Monthly Labor Review.
Turner wrote “Population Aging and Pension Policies.” International Handbook of Population Policies, edited by John May, Springer, 2021.