Discusses issues related to current and future modifications of faculty retirement plans, including unisex pension benefits, TIAA-CREF management, payout options, early retirement incentives, and the legality of mandatory retirement requirements. With CREF assets increasing, faculty retention, not early retirement, may become a primary issue.…

To offset declining enrollments, financial constraints, younger faculties, and high tenure ratios, some institutions are considering early retirement programs to facilitate faculty turnover. A University of Virginia faculty committee reviewed several early retirement options and selected a cost-effective bridging program with ample incentives and…

This analysis of retirement planning and early retirement incentive plans in Illinois community colleges was drawn from a study of early retirement plans at each of the state's 39 community colleges, and a follow-up survey to clarify information in the documents and determine colleges' plans for the future. After introductory comments on the issue…

Between April 29 and December 31, 1982, 244 community college employees in Washington retired. Of that group, 85 exercised an option to retire under a special early retirement program enacted by the 1982 state legislature. The net effect of the early retirement program was a 53.4% increase in the number of retirements over the number that might…

The impact of the Age Discrimination in Employment Act Amendments of 1978 (ADEA) and possible options for adjusting to the impact were estimated for members institutions of the Consortium on Financing Higher Education (COFHE). Questionnaire information was gathered on active, departed, and retired faculty from 27 individual COFHE institutions.…

A study examined effects of early retirement plans (ERP) at Canadian Universities. In response to current conditions within Canadian universities and a Canadian Supreme Court decision upholding mandatory retirement requirements, many universities have sought to encourage faculty retirement through ERPs. In order to study the cost of such programs,…

Retirement plans and concerns of tenured faculty 40 years old and older were evaluated in 1979. For the sample of 26 member institutions of the Consortium on Financing Higher Education, 1,193 faculty members returned usable questionnaires. The evaluation focused on the following: characteristics of the faculty respondents, current circumstances…

This report discusses whether the special circumstances of tenured faculty in higher education justify a continued exception to the national policy prohibiting age discrimination in employment, and examines a number of practical steps that are available or could be made available to address the problems raised by the elimination of mandatory…

The impact on the age 70 mandatory retirement law on future employment opportunities and payroll costs of faculties of member institutions of the Consortium on Financing Higher Education (COFHE) was evaluated. Current and 5-year historical information on tenure-tract arts and science faculty of 27 of the COFHE institutions were analyzed. This…

A study examined the relationship between student evaluations of teaching effectiveness, age of faculty, and timing of retirement among tenured faculty. Results suggest a significant but small impact of age, varying by discipline. Uncapping of mandatory retirement appears to raise no major concerns for dramatic deterioration in teaching…

The economic, human, and social impacts of mandatory retirement are addressed in a brief presented by the Association of Universities and Colleges of Canada (AUCC) to the Subcommittee on Equality Rights. There is a possibility that the coming into force of equality rights may remove mandatory retirement. It has been estimated that by 1989 removal…

A questionnaire and interviews were used to assess personal and professional characteristics of 97 Canadian college faculty reaching age 65 in 2000-2010. It measured career satisfaction, interest in a career alternatives program, and retirement plans. A significant proportion of respondents found little satisfaction in academe and would consider a…

Successful phased retirement plans enable senior faculty to ease into retirement, relieve financial pressures on participating institutions, and permit upward mobility for junior faculty. Responses from 62 of the 72 land-grant institutions in the United States and Puerto Rico reveal that 11 had implemented plans that enable individuals between a…

Proceedings of a 1980 Brown University conference on faculty retirement are presented. Papers and authors are as follows: "A Review of Current Legal Status and National Policy Issues" (Laura C. Ford); "Mandatory Retirement Age Legislation for Tenured Faculty: The Policy Issues and Their Context" (W. Lee Hansen);…

The collective bargaining agreement between Wayne State University and the Wayne State University Chapter of the American Association of University Professors covering the period August 1, 1986-July 31, 1988 is presented. Items covered in the agreement include: personnel classification, union rights and privileges, administration rights, deduction…