Most private sector employees have access to defined contribution retirement plans while public sector employees often may choose defined benefit or defined contribution plans. This research utilized a survey of faculty to analyze retirement plan satisfaction. Advice from a financial planner was positively associated with satisfaction with…

The year 2011 was no ordinary year for teacher policy. In fact, it was a year like no other chronicled by the National Council on Teacher Quality's (NCTQ) "State Teacher Policy Yearbook". This fifth annual edition of the Yearbook documents more changes in state teacher policy than NCTQ has seen in any of its previous top-to-bottom reviews of the…

Little is known about the impact of the end of mandatory retirement on professors over the long term. This follow-up study investigated the ten-year experience of professors who chose not to retire from a major research university after the elimination of the age 70 mandatory retirement in 1994. The initial interview study was conducted in 1998…

Almost thirty years ago, Justice William Brennan saw clearly that American higher education was coming under the same pressures to "cut costs and increase efficiencies" to which market forces were subjecting businesses. Since Justice Brennan's observation, employers generally have sought to maximize their "flexibility' by creating a…

In the late 1980s and early 1990s, the graying of America's college and university faculty coincided with new federal regulations that prohibited mandatory retirement. So in order to both encourage faculty retirements and assume better control of when positions would be vacated about half of all U.S. colleges and universities adopted various…

In Volume I, the Commissioner of Education introduces topics to be covered in the report. Chapter 1 covers current education topics, including work of boards and commissions, education associations, student aid, education standardization, public school teacher training, teacher salaries and pensions, tenure, international relations education,…