Our cross-cutting team of researchers examines the ways the aging of America will trigger changes in how we work, retire, and spend federal resources, from social security reform to retirement savings, working longer, and staying engaged.
We rank Pennsylvania’s pension plan for newly hired state employees as the third worst in the nation, because it is inadequately funded, it penalizes work at older ages, and it provides few retirement benefits to short-term employees. Various pension reforms could distribute pension benefits more equitably across the workforce.Read More
Social Security should be reformed to shift resources from younger to older beneficiaries and distribute benefits more fairly to single household heads and two-earner couples, Institute Fellow and Richard B. Fisher chair Eugene Steuerle told Congress last week. Read More