The oldest of the baby boomers (boomers) were age 63 in 2009 and on the verge of retirement. This cohort has had a history of making societal changes throughout its life cycle, and it is unlikely that retirement, as we know it, will remain unscathed. This article highlights two events--the Stonewall Inn riots and two prominent professional…

The future of mandatory retirement is at least partly driven by changing demographics. In Canada, these demographics include slowing population growth, rapid aging, declining rates of labour force participation, and slowing labour force growth. After reviewing the demographic trends and considering alternate scenarios in labour force…

When it came to benefits for employees, higher education used to be at the head of the class. Back in the 1950s, academe was one of the first fields to embrace health-insurance coverage for illnesses that do not require hospitalization, and it later led the way toward long-term disability insurance. Universities and colleges approved…

In this article, the author, a former college president, reflects on his career and the challenges of retirement. He shares his experience from career preparation to on-the-job training to succession planning. The author stresses that the decisions college presidents make define the legacies they leave.

For the last 25 years, American education has been trying to reform itself. This effort has been noble but only partially successful, and too often defined by an "either-or" dichotomy that has led to publicly defined "wars" over reading and math instruction, and even the very existence of the U.S. Department of Education. All…

ARL is the bimonthly report on research library issues and actions from ARL (Association of Research Libraries), CNI (Coalition of Networked Information), and SPARC (Scholarly Publishing and Academic Resources Coalition). ARL reports on current issues of interest to academic and research library administrators, staff, and users; higher education…

In 2005, TIAA-CREF sponsored its first-ever "Retirement Confidence Survey of College and University Faculty" to discover the answer to this question: How well are faculty members taking advantage of employer-sponsored pension plans and saving for retirement? An additional objective of the project was to compare the survey's findings for higher…

Early retirement programs offer individuals an alternative to the work ethic while allowing them to maintain job security. Examples are given of several early, partial, and phased retirement programs currently being used in universities and public school systems. (DF)

Current workforce trends show increasing numbers of older workers that will continue to work beyond retirement. To remain competitive, organizations will have to accommodate to emerging needs and provide alternatives to retirement. Scarce literature exists about career transitions beyond retirement. Recent scholarship is reviewed through an…

Many efforts have helped increase the number of women and ethnic minorities in college presidencies the past two decades, but Asian Americans have not kept pace with other historically underrepresented demographics. In fact, Asian American presidents are barely replacing themselves on the national landscape as they retire. This fact appears even…

Trustees and administrators today confront one of two problems with post-retirement medical care. First, if institutions provide no support for their retirees' medical care, they implicitly offer a powerful incentive for senior faculty to stay on. The compensation and opportunity costs of this effect are obviously very high. But, second, if they…

The current economic crisis has naturally reached into one's pocket and made many people anxious about their own finances. As consumers ride out these treacherous times, where can they go to find advice on managing and paying down their debt, protecting their investments, incomes, and retirement plans, and applying for mortgages in a tight credit…

Given the growing interest in a privatized Social Security system and the lack of adequate retirement planning among many people in the United States, many households are often ill prepared for retirement. The outlook for low-income populations is even bleaker because they are often not privy to the same financial education and asset-building…

School administrators are facing the perfect storm: a growing number of baby boomers retiring each year, an absence of experienced teachers to take their place, and high turnover among young teachers. The need to hire and retain a new generation of teachers is one of the biggest challenges facing school administrators. To fill these vacancies,…

As conceived by the Council for Adult and Experiential Learning (CAEL), Lifelong Learning Accounts (LiLAs[SM]) are employer-matched, portable individual accounts used to finance employee education and training. They provide employees with an affordable means of upgrading their skills and knowledge, while helping to meet the needs of employers and…