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|Broken Promises: Can the World's Stressed-out Pension Plans Be Rescued?|
The Wharton School of The University of Pennsylvania
Dec. 7, 2010
Excerpt: For national retirement systems, the problem frequently boils down to falling birth rates and longer life spans. 'It's the two blades of the scissors coming together: Not enough workers paying in and people living a very long life,' says Olivia S. Mitchell, professor of insurance and risk management and executive director of the Pension Research Council at Wharton.
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