This document presents witness testimonies and prepared statements from the Congressional hearing called to examine the removal of the mandatory retirement age by taking the cap off of employees in the private sector through the passage of H.R. 4154. Opening statements are included from Congressmen Pepper and Martinez. Arthur Flemming, the…

Retirement plans and concerns of tenured faculty 40 years old and older were evaluated in 1979. For the sample of 26 member institutions of the Consortium on Financing Higher Education, 1,193 faculty members returned usable questionnaires. The evaluation focused on the following: characteristics of the faculty respondents, current circumstances…

This seven-section report examines the pension-related behavior of older public employees, particularly California teachers. Section I introduces the benefit option situation. Section II surveys previous studies focusing on the relationship between Social Security wealth and the probability of retirement. Section III describes the California State…

The impact on the age 70 mandatory retirement law on future employment opportunities and payroll costs of faculties of member institutions of the Consortium on Financing Higher Education (COFHE) was evaluated. Current and 5-year historical information on tenure-tract arts and science faculty of 27 of the COFHE institutions were analyzed. This…

This document contains prepared statements and witness testimony from the Congressional hearing on the economics of aging and preretirement planning. Prepared statements are given by Representatives Skelton and Daub. Topics which are discussed include the population affected, needs of the elderly, and government role. Witness testimony is given by…

Service industries, some manufacturing, and a concentration of retirees can provide a strong economic base in a rural area. Rapid growth of service businesses, especially wholesale and retail firms and other businesses related to tourism and recreation, attracted job-seekers to a 10-county area in the Ozark Mountains of Arkansas and Missouri…

The aging of the population is one of the major influences on the environment in which vocational education operates. The number of people 65 and older will increase more slowly in next 25 years than in the past. Improvements in working conditions, health care, and pension plans since World War II have made those who will be 65 by the end of the…

The major participants in the formation of policy and programs for rural areas include agricultural interest groups, nonfarm groups, certain legislators, and--less directly--the media. Policy is developed in many institutional arenas: the local community and state governments, the Department of Agriculture, the White House, and the Congress and…