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Chronister, Jay L.; Trainer, Aileen – Journal of Education Finance, 1985
To offset declining enrollments, financial constraints, younger faculties, and high tenure ratios, some institutions are considering early retirement programs to facilitate faculty turnover. A University of Virginia faculty committee reviewed several early retirement options and selected a cost-effective bridging program with ample incentives and…
Descriptors: College Faculty, Cost Effectiveness, Early Retirement, Educational Finance
Chronister, Jay L.; Kepple, Thomas R., Jr. – 1988
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,…
Descriptors: College Faculty, Early Retirement, Employment Practices, Higher Education
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Chronister, Jay L.; Truesdell, Thomas C. M. – Review of Higher Education, 1991
A survey of 56 colleges investigated how the institutions approach planning for staffing and the significance given such factors as abolition of mandatory retirement, tenure ratios, faculty retirements, faculty hiring and supply and demand, and related issues. Specific concerns emerged, and findings did not consistently bear out previous research.…
Descriptors: Administrator Attitudes, College Faculty, College Planning, Futures (of Society)
Chronister, Jay L.; Kepple, Thomas R., Jr. – 1987
The literature on incentive early retirement for faculty members is reviewed, including the findings of studies that have assessed the effectiveness of such programs. In addition to describing different types of programs and the incentives offered, attention is directed to legal issues, costs and benefits, assessing whether a program is feasible,…
Descriptors: College Faculty, Early Retirement, Employment Practices, Feasibility Studies
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Chronister, Jay L.; Reed, Kathrine M. – CUPA Journal, 1994
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…
Descriptors: College Administration, College Faculty, Early Retirement, Full Time Faculty
Clevenger, Bonnie Mason; Chronister, Jay L. – 1986
Experiences with faculty early retirement programs at three public universities are described. The universities range in size from 11,000 to 33,000 full-time equivalent students with 650 to more than 3,000 faculty members. Attention is directed to: goals of each of the institutions in establishing the program, characteristics of individual…
Descriptors: Case Studies, College Faculty, Early Retirement, Employment Practices
Chronister, Jay L.; Baldwin, Roger G.; Conley, Valerie M. – 1997
This study examined retirement and other departure plans of full- and part-time faculty and staff in higher education institutions using data from the 1988 and 1993 National Studies of Postsecondary Faculty. Among the study's findings were: 22 percent of full-time and 38 percent of part-time faculty planned to leave their current position within…
Descriptors: Age Differences, Aging in Academia, College Faculty, Colleges