A speech made to an early meeting of the newly formed Commission on College Retirement recommends that the commission abandon the approach to retirement as an instrument of educational and social reform and concentrate instead on making the Teachers Insurance and Annuity Association-College Retirement Equities Fund competitive and protecting…

Alternatives proposed include early and phased retirement, career change incentives, retraining programs and/or leave, outplacement, and an earnings supplement at severance. (MSE)

The development of a retirement incentive plan saves jobs and money. Older and more expensive staff members gain financial benefits, and school districts eliminate positions without laying off staff. Lists 10 steps effective in instituting an early retirement incentive plan. (MLF)

This report presents the Teacher Retirement System of Texas's (TRS's) strategic plan for teacher retirement in the state of Texas for the years 1999-2003. The mission of the TRS is to deliver retirement and related benefits authorized by law for members and their beneficiaries and to prudently invest and manage the assets held in trust for members…

Problems faced by a TIAA-CREF annuitant retiring in the late 1970s are examined in light of a continuing high rate of inflation. Options available to the annuitant are discussed and two strategies to provide significant inflation protection are suggested. (SF)

The basic provisions of the TIAA-CREF retirement plans are outlined and the impact of inflation and falling stock prices on annuities and bonds are investigated. Major factors that should be considered when allocating contributions to TIAA-CREF funds are discussed. (SF)

A variety of incentives offered to faculty to leave an institution in difficult financial circumstances are outlined. They include: liberalizing the actuarial pension reduction, lump-sum severance payments, annuity enhancements, phased retirement, retirement perquisites, retraining for outplacement, paid retraining, and earnings supplements during…

To make more tenured faculty positions available to young professors, a proposal that requires tenured professors to vacate their positions when they reach the age of 60 is presented. The financial implications of this proposal and possible roles for senior faculty are discussed. (SF)

Retirement options available to institutions are outlined, including early retirement incentives, phased retirement, facilitating consulting opportunities, travel and outplacement services, maintaining community involvement, annuities, and pensions. Suggestions are made for increasing cost-effectiveness and fitting the options to local…

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,…

The Association of American Law Schools' statement on faculty tenure reviews tenure-related issues and results of a national study of tenure policies and practices. Issues discussed include the end of mandatory retirement, alternatives to tenure, faculty evaluation criteria, probationary period, and confidentiality. (MSE)

School districts that survive declining enrollments will be the ones who recognize that the problem exists and build their programs and plans to meet the problem. It is necessary to know community demography and develop farsighted, actuarily sound projections of the effects. As money is basic to the problem, it is necessary to know the fiscal…

Perspectives concerning the effective use of a small college's resources and assets in a time of declining government support and decreasing enrollments are presented. Attention is directed to improving cash flow, staff reduction and early retirement, external sources of long-term financing, college financial student aid, and managing real estate…

There is a strong movement toward legal abolition of fixed-age retirement in Canada. Several factors justify the existing practice, but these arguments are unlikely to prevail, and institutions should consider administrative measures such as facilitation of early retirement, modified benefit plans, and more systematic faculty assessment throughout…

While the changes facing dental education are greater than ever, skillful planning will allow appropriate response. This will require reevaluation of faculty costs and resources. Cost containment measures could include early retirement programs, decreasing underutilized staff, and maximizing productivity. Income increases could be realized through…