Employer Challenges in Financing and Managing Pension Plans
Organized by Robert L. Clark and James M. Poterba
Supported by the Alfred P. Sloan Foundation
September 17-18, 2020
on Zoom.us

Thursday, September 17

2:00 pm

Welcome
Robert L. Clark, North Carolina State University and NBER
James M. Poterba, Massachusetts Institute of Technology and NBER

2:10 pm

Olivia S. Mitchell, University of Pennsylvania and NBER
Building Better Retirement Systems in the Wake of the Global Pandemic (background paper) (slides)

2:50 pm

Discussion

3:00 pm

Break

3:10 pm

Breaking the Implicit Contract: Using Pension Freezes to Study Lifetime Labor Supply

Dhiren Patki, Federal Reserve Bank of Boston

3:30 pm

How Much Can Collective Defined Contribution Plans Improve Risk-Sharing?

Deborah J. Lucas, Massachusetts Institute of Technology and NBER
Daniel Smith, Boston College

3:50 pm

Public Pensions and State Government Borrowing Costs

Chuck Boyer, University of Chicago

4:10 pm

Discussion

4:30 pm

Adjourn

Friday, September 18

2:00 pm

Robert L. Clark, North Carolina State University and NBER
Current Developments in Public Sector Pension Arrangements

2:45 pm

Discussion

2:55 pm

Break

3:05 pm

Public Employee Pensions and Municipal Insolvency

Sean Myers, University of Pennsylvania

3:25 pm

The Prevalence of COLA Adjustments in Public Sector Retirement Plans

Maria D. Fitzpatrick, Cornell University and NBER
Gopi Shah Goda, The Brookings Institution

3:45 pm

Do Deferred Benefit Cuts for Current Employees Increase Separation?

Laura Quinby, Boston College
Gal Wettstein, Boston College

4:05 pm

Discussion

4:30 pm

Adjourn