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Center for Retirement Research Receives Record Amount of Federal Support

The Center for Retirement Research at Boston College has received $2.7 million in new funding - a record amount - from the U.S. Social Security Administration (SSA) to support research and dissemination on retirement income issues. Since its inception in 1998, the Center has received $16.7 million from SSA.

Alicia Munnell, the Centerís Director, said that the new award "ensures that the Center will enhance its role as a national leader on retirement policy issues." She added that "the additional funding will allow us to expand our efforts to strengthen retirement security for all Americans."

About the Center for Retirement Research:

The Center for Retirement Research at Boston College, part of a consortium that includes parallel centers at the University of Michigan and the National Bureau of Economic Research, was established in 1998 through a grant from the Social Security Administration. The goals of the Center are to promote research on retirement issues, to transmit new findings to the policy community and the public, to help train new scholars, and to broaden access to valuable data sources. Through these initiatives, the Center hopes to forge a strong link between the academic and policy communities around an issue of critical importance to the nationís future.


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