Given the right incentives, many college faculty will retire early. With mandatory retirement of tenured faculty soon to be abolished, institutions may need to revamp their pension plans and introduce voluntary retirement-incentive options. These options include phased- and full-retirement programs. (Author/MSE)

This report focuses on the group benefits available to Illinois public higher education employees. The study provides a perspective on the range of benefits and the differences in the administration of institutional benefits. Findings reveal the availability of retirement annuities that increase with each 10 years of service; optional retirement…

This volume is part one of a three-part report of the Educational Research Service (ERS) "National Survey of Fringe Benefits in Public Schools." Data were derived from a 2-part questionnaire that was mailed to 1,918 United States public school systems. A total of 810 school systems responded, creating a 42 percent response rate. Information is…

This article reviews and comments on various issues addressed by the 1994 Internal Revenue Service (IRS) audit guidelines for nonprofit organizations. It focuses on topics especially relevant to colleges and universities, such as unrelated business income, employment taxes, fringe benefits, fund raising, research and contracts, scholarships and…

Indiana University's experiences with trying to cancel an increasingly expensive early retirement system illustrates some of the ways in which faculty retirement benefits are subject to attack and some of the potential and weaknesses of the traditional faculty governance mechanisms in trying to shape a response. (MSE)

This report provides data on salaries, benefits, and perquisites commonly included in total compensation packages available to higher education chief executives, along with data on employment policies and practices, based on a survey of 1,012 institutions. An executive summary presents findings, observations, and historical trends. Data are then…

A number of economic and social factors suggest that this is an appropriate time for colleges and universities to review employee retirement plans. Information that employees should have for retirement planning is reviewed, and basic principles for institutions to use in selecting a pension company are outlined. (MSE)

In this essay, the author calls attention to a little-studied but critical aspect of school system reform: the nontransparent and sometimes illogical ways school districts allocate funds and personnel, especially teachers. Drawing on a series of studies produced by his Center for Reinventing Public Education, the author asserts that mayors who…

Nearly a million teachers will reach retirement age in the next 9 to 11 years. This report presents a complete state-by-state overview of the retirement programs available to America's teachers. Chapter 1 presents the issues of teacher aging, retirement, and early retirement and asks how school districts might effectively manage the retirement and…

To inform faculty and staff about the new state retirement plan and help them compare its benefits with those of the only existing employer-sponsored retirement plan for educators, a defined-benefit plan, Georgia Institute of Technology used an electronic spreadsheet and a series of seminars for analyzing and illustrating investment options. (MSE)

"Chronicle of Higher Education" presents an abundant source of news and information for college and university faculty members and administrators. This April 29, 2005 issue of "Chronicle of Higher Education" includes the following articles: (1) "Reproductive Success for Working Scientists" (Simmons, Gail M.); (2)…

The 2009 edition of the "State Teacher Policy Yearbook" is the National Council on Teacher Quality's (NCTQ's) third annual review of state laws, rules and regulations that govern the teaching profession. This year's report is a comprehensive analysis of the full range of each state's teacher policies, measured against a realistic…

Economic underpinnings of retirement incentives and case law leading to the Older Workers Benefits Protection Act (1986) are reviewed; implications for early retirement incentives for college faculty are considered. It is concluded that congressional intent is not to foreclose such incentives and that the Age Discrimination in Employment Act…

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…

Presented is part 1 of a three-part report called the "National Survey of Fringe Benefits in Public Schools, 1987-88." The focus of part 1 is on the fringe benefit practices offered superintendents. Fringe benefits included are leave policies, insurance coverage, retirement provisions, tuition reimbursement, severance pay, transportation, expense…