2023 Annual Report
January 1, 2024
John A. Turner, PhD
Director
The Pension Policy Center provides consulting and research projects concerning pensions, Social Security, financial planning for retirement, financial advice and disclosures, financial fees, fiduciary duty, pension investing, behavioral finance, alternatives to financial literacy, and other retirement issues in the United States and other countries using the analytic technics of traditional and behavioral economics and finance.
This is the sixteenth annual report of the Pension Policy Center. The year 2023 was a productive year. This report lists Pension Policy Center research projects completed in 2023 and other accomplishments during the year.
Pension Policy Center Publications in 2023
Turner, Emily S. Andrews, and David M. Rajnes wrote “Why Are Women More Pessimistic About the Future of Social Security than Men?” Social Security Bulletin, 2023.
Turner and Sally Shen wrote, “Population Aging, Pensions, and Global Climate Change.” Society of Actuaries, 2023.
Turner. Barbara A. Smith, and Kamila Bielawska wrote, “Why Do Why Do People Make Big Mistakes? Lessons from Covid Vaccine Hesitancy for Helping Pension Nonparticipants.” Benefits Quarterly, 2023.
Turner and Jonathan Wood wrote, “Extending Pension Coverage to Encourage Service: Pensions for Long-term Volunteer Firefighters.” Benefits Quarterly, 2023.
Turner, Olivia S. Mitchell, and Catherine Reilly wrote, “The Pros and Cons of Remaining in a 401(k) Plan After Retirement.” Financial Services Review 31, 2023. https://doi.org/10.61190/fsr.v31i1.3191
Turner wrote “Default RMDs.” NYU Review of Employee Benefits and Executive Compensation. Pp. 3.1-3.5. 2023.
Turner and Bielawska wrote “Trust and the Behavioral Economics of Automatic Enrollment in Pensions: A Comparison of the United Kingdom and Poland.” Journal of Economic Policy Reform 2023.
Pension Policy Center Papers Accepted for Publication
Turner wrote “The Suitability of Securities Token Offerings, Cryptocurrencies, and Crypto-Related Assets for Pension Investments” in Digital Assets: Pricing, Allocation and Regulation, edited by Reena Aggarwal, Paolo Tasca, Nikhil Vadgama, and Jishua XU. 2024, Cambridge University Press, pp. 71-86.
Turner wrote “The Case for Default RMDs.” Journal of Pension Planning & Compliance 50:01, Spring 2024.
Turner, Joanna Rutecka-Góra, and Sylwia Piewska-Kamieniecka wrote, “Complex Financial Products: A Multidimensional Approach.” Financial Internet Quarterly, Winter 2024.
Pension Policy Center Working Papers
Turner and Bruce W. Klein wrote, “Piggy Bank Economics versus Mental Accounting:
Savers’ Commitment, Pensions, and Housing.”
Turner and Denis Latulippe wrote, “Social Security and Partial Retirement: The U.S. and Canada.”
Turner and Norman P. Stein wrote, “Shove vs Nudge: Retirement Income Policy When Nudge Is Not Enough.”
Turner wrote, “J14: The Elderly and the Disabled.’”
Turner wrote, “Pension Fee Benchmarking: The Wisdom of Crowds versus Herd Mentality.”
Turner wrote, “Noise in Financial Advice: A Comparison Between Human and Robo Advisors.”
Other Accomplishments
This year Turner received an award from the American College of Employee Benefits Counsel for the best proposal for improving the U.S. pension system. He is the only two-time winner of this award. According to Google Scholar Citations, Turner’s research has received more than 4,600 citations. He has two publications with more than 500 citations, one of them being one of the most cited books on social security policy published in the twenty-first century. He has eight publications with 100 or more citations. His research has an h-score of 34, meaning that he has at least 34 publications with at least 34 citations. According to ResearchGate, his publications that it provides online have received more than 20,700 reads. His research interest score on ResearchGate is higher than 93 percent of its scholars in his field.