In the UK, a default retirement age no longer exists and more people choose to 'stay on' in their academic posts. 'Staying on' poses opportunities and threats in the academic labour market. Older academics can make a positive contribution to their institution through their expertise and experience. By continuing to work, paying tax and keeping…

In April 2009, a high school principal in a large Arizona school district met individually with 18 of his most senior teachers to inform them that they would not have a job the following year. Why didn't tenure protect them from wholesale dismissal? The answer is they all had one thing in common: they were retirees who had been leased or hired…

Retirement policies and possible effects on teacher shortages were examined. Information was obtained concerning: a 5-year summary of faculty retirements by age, the age distribution of each institution's full-time faculty by academic area, and changes over the past 5 years in personnel policies and procedures in response to anticipated faculty…

College faculty early retirement plans at four-year private colleges in New England are compared to determine requirements for an early retirement policy. Findings from survey responses from 82 colleges included: 20 of the colleges had an early retirement plan; 90% of schools with an early retirement plan had a tenure policy; 25% of the schools…

Teachers will benefit from the Social Security amendments of 1972, Public Law 92-603, including Medicare coverage, increased cash benefits, and liberalization of the amount a retiree may earn while collecting social security benefits. (DS)

The role and tasks of college committees charged with planning for the end of mandatory faculty retirement in 1994 are discussed, and a variety of faculty development, tenure, and salary policy options to consider are outlined. (MSE)

With the average age of faculty members exceeding 55, it is expected that "large numbers of community college faculty may retire at virtually the same time and in the near future" (Gahn & Twombly, 2001, p. 260). In the wake of their exodus, it is a reasonable assumption that community colleges will be faced with hiring many new full- and part-time…

The Committee on Retirement of the American Association of University Professors initiated its first retirement policies survey in 2000 to address a lack of reliable and systematically collected information on retirement policies and practices across U.S. institutions of higher education. At the end of the 1990s, there was a sense that…

A project was undertaken to evaluate existing models of early retirement incentive programs (ERIPs) and recommend an ERIP for New Jersey's Mercer County Community College (MCCC). The following categories of ERIPs were reviewed: state plans for New York and Minnesota; K-12 school districts plans at the Castro Valley Unified School District and 48…

Because an option for early retirement in Canadian Universities has created a need to know more about the vacancies early retirement creates and the potential to fill these vacancies, a survey of 15 representative universities was conducted. The sample included institutions of faculty numbering less than 100 to institutions of faculty numbering…

An incentive early retirement program is an arrangement between employer and employee that provides tangible inducement or reward for voluntary early retirement. It may be a formal program or an ad hoc agreement negotiated with the institution. The most common incentives include severance pay, liberalized actuarial reduction, annuity enhancements,…

Existing regulations, case law, and limited legislative history indicate that an institution can continue to employ faculty without tenure after age 65. However, once tenure is removed, the faculty member is entitled to all the protection of the Age Discrimination in Employment Act. (MSE)

The first section of this policy paper provides an overview of the historical development of early retirement incentive programs (ERIPs), the legal status of ERIPs under the Age Discrimination in Employment Act (ADEA), cost/benefit analyses involving ERIPs, and consideration of ERIPs in Indiana. The second section contains a brief synopsis of…

Issues of early retirement of college and university faculty are examined as they relate to Australia's aging faculty population, and the conditions necessary to promote early retirement successfully in this context are considered. (MSE)

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");…