Friday, October 18, 2024

Alicia Munnell to Step Down as Heart for Retirement Analysis Director – Heart for Retirement Analysis

Deputy Director to Assume Position, Backed by Veteran Analysis Workforce

Alicia H. Munnell, the founding director of the Heart for Retirement Analysis at Boston School (CRR), has introduced that she’s going to step down from her place on December 31, after greater than twenty years of management.

Munnell, who holds the Peter F. Drucker Chair in Administration Sciences within the Carroll College of Administration, is acknowledged as one of many nation’s most influential consultants on retirement revenue coverage.  Earlier than coming to Boston School, she served as a member of the President’s Council of Financial Advisers and Assistant Secretary of the Treasury for Financial Coverage.  Beforehand, she spent 20 years on the Federal Reserve Financial institution of Boston, the place she turned senior vice chairman and director of analysis.  She is going to stay with the CRR as a senior advisor.

Deputy Director Andrew Eschtruth, who has been with the group since its inception, will grow to be the subsequent CRR director, supported by senior researchers Jean-Pierre Aubry, Anqi Chen, Laura Quinby, and Gal Wettstein.

Established in 1998, the CRR produces first-rate tutorial analysis and coverage briefs to help decisionmakers in each the private and non-private sectors on the crucial concern of retirement safety – a subject of rising significance to an growing old inhabitants.  As well as, the Heart trains new students within the area and broadens entry to helpful knowledge sources.

Provost and Dean of Colleges David Quigley thanked Munnell for her contributions to the sphere of retirement analysis and for constructing a nationally acknowledged analysis middle at Boston School.

“Alicia Munnell is a distinguished economist whose scholarship has had a profound and lasting influence on strengthening the U.S. retirement system and family monetary safety all through her profession in authorities service and through her previous quarter century right here at Boston School,” mentioned Quigley.  “She arrived at Chestnut Hill with a compelling imaginative and prescient for her new middle and went on to construct the CRR into the nation’s main analysis middle on retirement coverage.  Her legacy consists of the distinctive group she has created to hold on the CRR’s mission, and her mentoring of a era of students world wide who’re refining our understanding of the economics of growing old, retirement, and lifelong monetary well being.”

Munnell praised the College for its assist of the Heart throughout the previous twenty years.

“The success of the Heart will be traced on to the large backing of Boston School, which has been with us each step of the best way.  BC, with its dedication to each scholarship and repair, is the proper setting for coverage analysis.”

Importantly, Munnell has positioned the CRR for the longer term by attracting gifted people who’re passionate in regards to the Heart’s mission.

Eschtruth brings a wealth of substantive data and organizational expertise from working on the CRR for 25 years, serving to it develop from a small start-up to a nationally acknowledged establishment.  He has intensive expertise in managing relationships with funders and the media, in addition to eager insights from his years as a coverage analyst within the federal authorities centered on the challenges posed by an growing old inhabitants.

The members of the senior analysis group – who, on common, have been with the CRR for greater than a decade – are all distinguished voices of their areas of experience.  Aubry leads the CRR’s state and native coverage analysis unit, whereas Chen heads up the CRR’s work on financial savings and family finance.  Quinby is the purpose particular person for research on worker advantages and labor markets and Wettstein leads efforts on well being, healthcare finance, and insurance coverage points.  This group will assume extra duties in shaping the Heart’s analysis program, increasing improvement actions, and mentoring junior researchers. 

“The CRR is in good fingers.” mentioned Munnell.  “I’m assured it can proceed to thrive for many years to return.”

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