MRRC Newsletter

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News Notes

3rd Annual Retirement Research Consortium Conference
held in Washington, DC

   The third annual conference of the Social Security Retirement Research Consortium was held at the National Press Club in Washington, D.C. on May 17 and 18, 2001. The two-day conference, entitled “Making Hard Choices About Retirement,” was planned and arranged this year by the Center for Retirement Research at Boston College (CRR) in conjunction with the Michigan Retirement Research Center (MRRC) and the Social Security Administration (SSA). With over 200 researchers, policy makers, and federal officials in attendance, researchers from each of the two consortium centers presented papers on current projects, all of which are funded by SSA. The topics covered in the seven paper sessions included the extent to which Americans are prepared for retirement, how well people make decision about their retirement income, how pension provisions affect retirement decisions, the extent of Social Security redistribution to low-income workers, retirement system cost and implications for reform, how older women do in retirement as a cross-national comparison, and how workers’ perceptions of disability insurance affects retirement decisions. The final session of the second day featured six Sandell Awardees who presented their research findings.

   Introductory remarks were made by Alicia Munnell, Director of the CRR, Robert Willis, Member of the Executive Committee for the MRRC, and Larry G. Massanari, Acting Commissioner, Social Security Administration. The Key Note speaker was Bush Administration Chief Economic Advisor Larry Lindsey who spoke on President Bush’s vision of the U.S. retirement system. Lindsey’s talk was entitled “Saving Social Security” and outlined President Bush’s six principles for Social Security reform. Papers presented at the conference will be available on the MRRC website in the near future.

Dr. Olivia Mitchell appointed to
Presidential Commission to Strengthen Social Security

   MRRC researcher and Executive Committee member Dr. Olivia Mitchell was appointed to the Presidential Commission to Strengthen Social Security. Dr. Mitchell is the Executive Director of the Pension Research Council of the Wharton School of the University of Pennsylvania where she is also International Foundation of Employee Benefit Plans Professor of Insurance and Risk Management. She is a winner of the TIAA-CREF/Paul A. Samuelson Award for Outstanding Scholarly Writings on Lifelong Financial Security. Her current research includes the economics of annuities; global social security and pension reform; retirement, wealth and health; public and private pensions.

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