This research update uses the U.S. Department of Education's National Survey of Postsecondary Faculty to analyze faculty retirement and its effects. It presents data regarding retirement and institution type, field of teaching, gender, union status, plans for retirement, and faculty relocation. It concludes that pending retirement does not appear…

Alternative college retirement programs and features of a desirable retirement program are discussed. The historical, social, and economic forces that prompt institutions to consider alternative programs are identified. The present position of college faculty in terms of retirement options is also addressed. Since its inception, the Teachers…

The graded payment method of receiving traditional annuity benefits was introduced by the Teachers Insurance and Annuity Association (TIAA) in 1982 to introduce an inflation-fighting factor into the annuity program. Under the graded method, in contrast to the standard method, a part of current annuity dividend income is withheld each year to…

Issues of mandatory retirement for faculty are discussed. In 1978, the Age Discrimination in Employment Act was amended to raise the age of forced retirement to 70, but tenured college professors were exempted from the protections of the amendment. Arguments raised by advocates of forced retirement for tenured college professors include: the…

This research brief examines changes in the age distribution of faculty in the University of Wisconsin (UW) system over time and trends in faculty retirement. Findings indicate that: (1) in 1997-98, 35 percent of faculty were age 55 and older, 51 percent were between 40 and 54, and fewer than 15 percent were under 40; (2) on average, faculty at…

A study was done of the savings patterns and financial resources of households receiving teacher's retirement insurance benefits. For the survey a mail questionnaire was sent in fall 1988 to a statistically drawn sample of Teachers Insurance and Annuity Association-College Retirement Equities Fund annuitants. Over 900 questionnaires were completed…

The Grossmont and Cuyamaca Community College Districts (GCCCD) Grapevine is a triannual newsletter free for retirees of the Colleges. Volume 6 of the bulletin includes the establishment of an on-line newsletter; self-sufficiency aims of a new district plan at Cuyamaca College; and a discussion of a dispute between GCCCD's chancellor and faculty…

This issue examines inflation protection for pensions in the 1990s and beyond. It describes how providers of retirement services can offer participants opportunities to improve inflation protection through product design, services, and educational programs. It explains the use of inflation-indexed (real bonds), noting the potential role for such…

This paper presents a method for higher education faculty and staff to assess pension plan objectives by determining a retirement income replacement ratio to maintain the salary-based preretirement standard of living. The paper describes the RETIRE Project which researches income replacement using the federal government's annual "Consumer…

Crises and opportunities in Canadian higher education and challenges for management are addressed in papers and reactions to the papers, based on two symposia. The following English language papers and authors are presented: "Post-Secondary Education--An Enterprise Less Than Optimally Managed?" (Gilles Paquet); "The Crisis Will Get…

This issue describes the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) life-annuity income options and traces the trends in their selection over a 17-year period, 1978-1994. Other income-related choices at or before retirement are also explored. The article emphasizes that participants in defined…

Published four times a year by the Texas Junior College Teachers Association (TJCTA), this newsletter discusses events affecting Texas Junior Colleges and their faculty, chronicles the efforts and activities of the TJCTA, and provides a forum for discourse on topics in community college education. Most of the September 1993 issue is devoted to an…

Arrangements in educational institutions for voluntary early retirement programs are discussed. Retirement at any age can be a profound and stressful lifetime change; and it can also represent a welcome transition into newly satisfying and rewarding opportunities. The focus is on: mandatory retirement (exceptions and the new meaning of "early");…

A study in 1987-92 assessed the effects of changes in life course on work and careers. Interviews with 150 individuals who remained active or continued to work beyond age 65 showed lifetimes differing greatly from the traditional model. The combination of longer lifetimes and postponement of old age has created a new stage in adult life, a second…

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…