Recent legislative and regulatory actions have made retirement policies more complicated. Six major elements appropriate for retirement policy review are addressed: normal-age benefits and goals, mandatory retirement, early retirement, phased retirement, auxiliary retirement savings programs, and retirement counseling. (MLW)

This report of a study of 893 2-year colleges describes group life insurance, disability income plans, retirement plans and health insurance as part of the total compensation of junior college faculty and staff. (CA)

This study describes the present status of benefit planning in the junior colleges, discusses the principles governing benefit plans, and raises questions regarding the development of sound benefit plans in light of the needs of individual faculty and staff as well as of the goals of the institution. The base of the study was a questionnaire…

The advantages and disadvantages of the Federal Social Security program are discussed. (CK)

The graded payment method of receiving traditional annuity benefits was introduced by the Teachers Insurance and Annuity Association (TIAA) in 1982 to introduce an inflation-fighting factor into the annuity program. Under the graded method, in contrast to the standard method, a part of current annuity dividend income is withheld each year to…

Until the beginning of 1994, federal law permitted mandatory retirement of tenured faculty at age 70. The Committee on Mandatory Retirement in Higher Education, formed by the National Research Council, was charged by Congress to examine potential effects on colleges, universities, and faculty members of ending the exemption for tenured faculty…

Following the passage of the Employee Retirement Income Security Act of 1974 and the increased regulatory burden placed on defined benefit pension plans, the less complex fully funded defined contribution plan emerged as a more attractive and increasingly popular alternative. Traditionally the standard approach to pensions in the educational…

This paper reports on a study of higher education health-care coverage for retirees including trends in coverage since 1987, major current provisions of institutions' coverage, and program cost controls. A total of 1,6701 institutions responded to a retiree heath-care survey. Among the findings were: (1) 61 percent of colleges and universities and…

A senior research officer of Teacher Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF) discusses the issue of different life annuity benefits to men and women concluding that age and sex are two objective and statistically reliable factors used in determining life expectancy and thus the expected duration of…

Describes the retirement practices of a large number of institutions of higher education and examines twelve Teachers Insurance and Annuity Association plans which have flexible-age provisions. (Editor)

One of the major issues about college retirement programs is that of investment options and transferability of TIAA and/or CREF funds to alternative funds. Basic principles to be considered by college trustees involved in review or revision of their institution's pension plan are discussed. (MLW)

This book describes the compensation which chief administrators in American colleges and universities receive, the conditions under which they work, their attitudes toward these conditions, and their suggestions for improving these conditions. The study sample is composed of presidents, academic vice presidents, deans of liberal arts colleges,…

Highlights current trends revealed in a survey of major community and junior college retirement, life insurance, health insurance, sick pay and sick leave, and long-term disability insurance plans. Compares benefit coverage of private and public community colleges. (CAM)

This issue describes the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) life-annuity income options and traces the trends in their selection over a 17-year period, 1978-1994. Other income-related choices at or before retirement are also explored. The article emphasizes that participants in defined…