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,…

The advantages and disadvantages of the Teachers Insurance Annuity Association (TIAA) and College Retirement Equities Fund (CREF) as investment vehicles for college faculty are examined, and guidelines for faculty to use in evaluating their investment options are offered. Some data on TIAA-CREF performance are included. (MSE)

The report of the National Research Council's committee on mandatory retirement in higher education is summarized, and related issues are discussed briefly, including trends in faculty retirement age, factors in retirement decision making, faculty productivity and age, and implications for tenure. (MSE)

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 collection of 30 essays on the character, administration, and management of research universities research university emphasizes the perspective of statistics and operations research: The essays are: "A Robust Faculty Planning Model" (Frederick Biedenweg); "Looking Back at Computer Models Employed in the Stanford University…

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…

This document consists of the third section of a book of readings on issues related to adult career development. The six chapters in this third section focus on target populations. "Career Counseling Women: Principles, Procedures, and Problems" (Louise Fitzgerald) reviews major approaches to career development and demonstrates ways in which they…

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…