This background paper summarizes the design of a faculty early retirement plan at Stanford University. Summary and recommendations indicate: (1) Budgetary stringencies at Stanford require that the faculty size remain essentially fixed. In view of this situation, a properly designed early retirement program should be adopted as a means of…

Problems faced by a TIAA-CREF annuitant retiring in the late 1970s are examined in light of a continuing high rate of inflation. Options available to the annuitant are discussed and two strategies to provide significant inflation protection are suggested. (SF)

This paper reports on a study of higher education health-care coverage for retirees including trends in coverage since 1987, major current provisions of institutions' coverage, and program cost controls. A total of 1,6701 institutions responded to a retiree heath-care survey. Among the findings were: (1) 61 percent of colleges and universities and…

Information on pension plans in 16 Ontario universities is presented in terms of the type of plan, eligibility, member contributions, university contributions, and benefits. There are eight defined benefit plans: seven money purchase plans with minimum guarantees, and one money purchase plan with no guarantees. Almost all of the plans are eligible…

The University of Virginia's retirement incentive program for older, full-time, tenured faculty provided two options: phased retirement and a retirement decision contract establishing a firm retirement date. Evaluation indicates this plan was effective in meeting the interests and needs of participants and the institution and saved institutional…

Experiences with faculty early retirement programs at three public universities are described. The universities range in size from 11,000 to 33,000 full-time equivalent students with 650 to more than 3,000 faculty members. Attention is directed to: goals of each of the institutions in establishing the program, characteristics of individual…

Information is presented on activities that colleges and universities are undertaking to recruit and retain promising young faculty members. Educators were asked to nominate appropriate programs, and certificates of achievement and cash awards were made to 10 of the 115 universities and colleges submitting information. The efforts of the 115…