Recreating Retirement Sustainability

Published in Maurer, R., O. Mitchell, and P. Hammond (Eds.) (2014). Recreating Sustainable Retirement: Resilience, Solvency, and Tail Risk. Oxford, UK: Oxford University Press.

Pension Research Council Working Paper, PRC WP2013-18

Posted: 9 Oct 2013 Last revised: 3 Apr 2020

See all articles by Olivia S. Mitchell

Olivia S. Mitchell

University of Pennsylvania - The Wharton School; University of Pennsylvania - The Wharton School, Pension Research Council; National Bureau of Economic Research (NBER)

Raimond Maurer

Goethe University Frankfurt

Date Written: October 1, 2013

Abstract

The financial crisis and the ensuring Great Recession have alerted those concerned with old-age security to the extreme risk confronting our retirement system. In this volume, we provide an in-depth analysis of the ‘black swans’ threatening pension plans around the world. Longevity risk, capital market shocks, regulatory and political risk, and model risk all have profound consequences for pension plan participants, plan sponsors, regulators, and consultants. This book also sketches various ways to manage and finance these risks, with a view to rebuilding a more resilient retirement system. In particular, the ensuing chapters take on longevity risk, capital market risk, model risk, and regulatory risk.

Suggested Citation

Mitchell, Olivia S. and Maurer, Raimond, Recreating Retirement Sustainability (October 1, 2013). Published in Maurer, R., O. Mitchell, and P. Hammond (Eds.) (2014). Recreating Sustainable Retirement: Resilience, Solvency, and Tail Risk. Oxford, UK: Oxford University Press., Pension Research Council Working Paper, PRC WP2013-18 , Available at SSRN: https://ssrn.com/abstract=2337151 or http://dx.doi.org/10.2139/ssrn.2337151

Olivia S. Mitchell (Contact Author)

University of Pennsylvania - The Wharton School ( email )

Philadelphia, PA 19104-6365
United States

University of Pennsylvania - The Wharton School, Pension Research Council ( email )

3302 Steinberg Hall-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104-6302
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Raimond Maurer

Goethe University Frankfurt ( email )

Grüneburgplatz 1
Frankfurt am Main, 60323
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
823
PlumX Metrics