The COVID-related financial market decline and economic recession have raised new concerns regarding the financial sustainability of retirement plans for state and local government employees, the largest group of whom is public school teachers. Using data from the Public Plans Database and the National Income and Product Accounts, I analyze…

The purpose of this article was to present the results of a study that analyzed Pennsylvania local school boards' taxing authority, pre- and post-enactment of Special Session Act 1, "The Taxpayer Relief Act," in 2006, in terms of its percent share of school districts' total budget in order to better understand the impact of the new…

Forty percent of private pension participants had plans providing benefit increases for retirees during 1978-1981. Increases were usually less than half the rise in the Consumer Price Index. (SK)

According to the National Bureau of Economic Research, the Great Recession began in December 2007 and ended in June 2009. With a duration of eighteen months, this recession was almost double the length of the average post-World War II economic downturn. Although the worst recession since the Great Depression is now technically over, this analysis…

In recent years, legislative changes, new types of retirement plans, and increases in life expectancy have led to differences in retirement ages. More older adults continue to work. The traditional model of social security, savings, and employer retirement benefits is changing. (Contains 31 notes and references.) (SK)

Examines the policies of the "buy-back" provisions of the retirement systems of all the states in the nation and draws implications for minority educators. (EF)

Between 1984 and 1993, work activity increased among men under 65 who had retired early. Factors influencing this trend include changes in pensions, increased health care costs, longer life expectancy, more layoffs, and more opportunities for flexible schedules and less physically demanding work. (SK)

A survey of corporations and universities concerning their organizational policies and practices for early retirement found that in general, retirement plans are about equal in benefits and options, but corporations offer far fewer opportunities for phased or gradual retirement. In this regard, the corporation severs its relationship with retirees…

Retirement programs for college faculty are evaluated in terms of both their wealth-creation attributes and the incentives they provide for retirement. Wealth accumulation and relative cash flow from working compared to retirement are evaluated at various ages under alternative assumptions about rates of return and contribution rates. The nature…

Charts and graphs illustrate trends in (1) values of college employee pension money invested in the stock market since 1990; (2) college spending on a variety of faculty fringe benefits in 1992-93, by institution type; and (3) the relationship between faculty salaries and the cost of living, 1986-87 to 1992-93. (MSE)

A British report recommending widespread compulsory retirement of mathematics faculty based on current enrollment trends and predictions is analyzed and criticized for both its statistics and its assumptions. It is argued that social influences in enrollment and social considerations in public policy toward education are largely being ignored.…

Looks at spending patterns for families who are near retirement and compares them with patterns of those who have already retired. Provides information about the impact of retirement on consumer spending. Includes appendices on the results of regression analysis and regression techniques. (Author/JOW)

As life expectancy increases, more people continue working later in life. Some retirement plans offer incentives, others disincentives to retire. Health, life, and disability insurance plans often have different provisions for older workers. (SK)

The effectiveness in meeting institutional objectives and the costs of early, partial, and phased retirement plans in operation at 51 public higher education institutions, as reported in a survey, are discussed. (MSE)

The average retirement age continued to decline in the 1990s after having leveled off during the preceding 10-15 years. The resumption of the decline is attributed largely to a rise in the labor force participation rate of older men and women between the mid-1980s and 2000. (Author/JOW)