Annuities provide insurance against outliving one's wealth. Previous studies have indicated
that, for many households, the value of the longevity insurance should outweigh the …

Social Security benefits are the most important source of US. retirement income. Over time,
however, trends in employer-provided pension offerings, societal changes, and Social …

Research has shown that survey-reported pension and retirement income measures may
suffer from reporting errors, which lead to biased estimates of income and poverty of the aged …

We use information from Social Security earnings records to examine the accuracy of
survey responses regarding participation in tax-deferred pension plans. As employer-provided …

We calculate the risk faced by defined benefit plan providers arising from uncertain
aggregate mortality – the risk that the average participant will live longer than expected. First, …

In this article, we build on our previous work and provide an update of the relationship between
pension plan coverage and firm size among private-sector workers, using data from the …

The approaching retirement of the babyboom generation has attracted both research and
public policy attention. Many social and economic changes occurred during the second half of …

The delayed retirement credit (DRC) increases monthly OASI (Old Age and Survivors Insurance)
retired worker benefits for primary beneficiaries who claim after their full retirement age (…

The decline in health insurance coverage over the last two decades is a matter of national
concern. The vast majority of insured individuals under age 65 obtain coverage from their …

Annuities provide insurance against outliving one's wealth. Previous studies have indicated
that, for many households, the value of the longevity insurance should outweigh the …