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…

Whether departure comes early from lucrative buyout or through natural retirement, administrators should consider some important factors before retiring. Administrators should deal with their feelings, start thinking now about leaving, call family powwow, talk to a financial advisor, enjoy retirement before rejoining the work force, have a party,…

Early retirement plans (ERPs) have recently been considered and implemented at a number of universities as a means to address their need to contain costs while simultaneously generating new ideas and energy within the institution through the revitalization of faculty ranks. This endorsement of ERPs by university administrators, however, is…

This publication presents a collection of essays from top investment thinkers and financial commentators who share their views on the revolutionary retirement plan options now available to college and university employees. The essays were prepared for a conference that was convened by the New England Board of Higher Education in Boston to help…

This paper reviews legal risks associated with staff layoffs at institutions of higher education and methods for managing those risks and describes planning steps designed to minimize institutional legal exposure. Legal risks include claims of breach of contract, discrimination, tortious conduct, and violation of labor laws, collective bargaining…

Important elements of personal lifetime money management are outlined and discussed briefly, particularly as they apply to college and university faculty and staff. They include insurance (disability, health, life, retirement income); the changing monetary environment; taxes; inflation; sources of income; budgeting; risk; death and heirs. (MSE)

How schools weather budget reductions shows the difference between effective and less effective school systems. Policymakers' response to reductions depends on an array of factors: general economic conditions, access to data about future trends, community expectations and "myths," past records of school effectiveness, local education…