Identifies some of the likely effects of the Senior Citizens' Freedom To Work Act of 2000 on the retirement decisions of professors approaching their normal retirement age as they learn about the added income opportunities created by the new rules. Discusses the Act's potential impact on faculty turnover rates, academic staffing patterns, and the…

Four steps to retirement planning, intended to demystify retirement investment, are offered for college faculty: (1) establish diversification goals; (2) urge their institutions to offer more investment options; (3) coordinate retirement investments with other investments; and (4) take steps to guarantee against inflation. Typical age-related…

Following an earlier survey of the attitudes and activities of academic staff who had retired three to five years earlier, a survey was undertaken of the policies and practices of university authorities in relation to supporting the academic activities of their retired staff. The sample included 21 universities in England and Scotland, and 28…

This research brief examines changes in the age distribution of faculty in the University of Wisconsin (UW) system over time and trends in faculty retirement. Findings indicate that: (1) in 1997-98, 35 percent of faculty were age 55 and older, 51 percent were between 40 and 54, and fewer than 15 percent were under 40; (2) on average, faculty at…

Nine recommendations are offered for making the Teachers' Insurance Annuity Association (TIAA) and College Retirement Equities Fund (CREF) more attractive and competitive retirement investment vehicles for college faculty. They include broadening of account choice, fund transfer and management options, and counseling services. (MSE)

Retirement programs for college faculty are evaluated in terms of both their wealth-creation attributes and the incentives they provide for retirement. Wealth accumulation and relative cash flow from working compared to retirement are evaluated at various ages under alternative assumptions about rates of return and contribution rates. The nature…

This volume of "Trends" provides a historical analysis of faculty hiring over the last 30 years, with breakdowns that examine nationwide shifts in gender, age, mobility and attrition as well as within specific disciplines. Following this analysis is a discussion of the factors that will drive change in faculty renewal for the…

Faculty perceptions of the Teachers Insurance and Annuity Association and the College Retirement Equities Fund are noted and the funds' performance in the recent market are criticized for inflexibility and lack of leadership. (MSE)

A variety of ways in which retired college faculty benefit from social services and commercial and professional perquisites, in addition to retirement income, are discussed. It is proposed that these faculty are benefiting at the expense of their younger colleagues and should in turn participate in volunteer public service. (MSE)

The advantages and disadvantages of the Teachers Insurance Annuity Association (TIAA) and College Retirement Equities Fund (CREF) as investment vehicles for college faculty are examined, and guidelines for faculty to use in evaluating their investment options are offered. Some data on TIAA-CREF performance are included. (MSE)

The debate about the "cashability" of faculty pension benefits raises questions about intent, fairness, and who controls what. Boards must weigh whether to allow faculty and staff to withdraw or transfer pension funds such as TIAA-CREF (Teachers Insurance and Annuity Association-College Retirement Equities Fund). (Author/MSE)

The Minister of Education of Alberta, Canada established a task force in 1983 to analyze the characteristics of teachers' pension plans and to develop a model retirement plan for teachers in Alberta. The task force reviewed the legislative, structural, administrative, and financial characteristics of Alberta's existing Teachers' Retirement Fund as…

The Minister of Education of Alberta, Canada established a task force in 1983 to analyze the characteristics of teachers' pension plans and to develop a model retirement plan for teachers in Alberta. The task force reviewed the legislative, structural, administrative, and financial characteristics of Alberta's existing Teachers' Retirement Fund as…

This report examines the 2000 teacher labor market in each Australian state and territory, projects demand and supply for teachers to 2003 (and up to 2010), and considers issues likely to impact the balance between demand and supply. Information comes from state and territory education authorities and other sources. During the 1990s, Australia's…

The various retirement income options available to TIAA-CREF participants and federal taxes on each option are explained. The importance of early planning for retirement income is stressed and it is suggested that assessment of future financial needs will indicate the most appropriate settlement mode for retirement. (SF)