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…

The author outlines the dimensions of the retirement boom in Australia and the cost implications of the changing population structure. He also discusses preretirement education (PRE) in Australia and the centralized information and planning of PRE. Finally, he uses American data to provide market background for a discussion of new activities. (CT)

Due to declining enrollments and "burnout," schools face two potentials for staff imbalance: a stagnant older staff or too many inexperienced teachers. The author proposes preventing these problems by teaming older teachers, ready for gradual retirement, with new teachers, who gain experience while taking over by degrees. Costs are considered.…

An assessment was conducted to determine accurately the true cost of education at different types of institutions and to identify the degree of government support. The article discusses procedures for updating the data, cost components, data sources, indirect tax expenditures for postsecondary education, and how to obtain additional information.…