The TIAA-CREF Institute presented the 2012 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security to:
Sylvester J. Schieber, Ph.D.
Former Chair, Social Security Advisory Board
"The Predictable Surprise: The Unraveling of the U.S. Retirement System”
(Oxford University Press)
This book explores the history of Social Security, pension plans, as well as other retirement plans, and provides suggestions to reform the retirement system. Dr. Schieber provides a comprehensive overview of the history and theory of retirement in America. His work not only offers historical context, but also real, actionable solutions for one of our nation’s most daunting problems. He shows that forewarnings of the coming retirement crisis have been apparent for decades, how we have gotten into the retirement predicament, and where we can go from here. The situation is not hopeless, says Schieber, if we take on some of the issues and resolve them. If we do not, we will severely jeopardize the prosperity of younger generations.
2012 Panel of Distinguished Judges
Julie R. Agnew, The College of William and Mary
Robert Clark, North Carolina State University
Paul Fronstin, Employee Benefit Research Institute
Joseph F. Quinn, Boston College
Stephen P. Zeldes, Columbia University