Uncapping the mandatory retirement age is unlikely to alter retirement age by much, but it will lead to substantially higher pensions for faculty members who continue to work. Institutions must monitor retirement-age behavior in order to restructure pension and other benefits appropriately to meet income and retirement objectives. (Author/MSE)

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…

Changes in retirement patterns at colleges and universities can be expected because of demographic reasons and because of federal and state legislation uncapping mandatory retirement. Institutional policies that will encourage reluctant older faculty to retire need to address the three fundamental components of successful employee retirement: (1)…

A federal report predicts the end of mandatory retirement for professors will not clog the system with unproductive scholars and will only affect a few research universities. It also concludes that, if federal agencies help colleges prepare, Congress should not continue to exempt tenured professors from the law beyond 1993. (MSE)

This study examines the age distribution of faculty retirements at 101 colleges and universities offering at least the baccalaureate degree, representing 35,000 faculty. It examines both historical retirement patterns and distributions of faculty by age and discipline. The study also examines data from a survey of 518 retired faculty members…

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…

Charts and graphs illustrate trends in (1) values of college employee pension money invested in the stock market since 1990; (2) college spending on a variety of faculty fringe benefits in 1992-93, by institution type; and (3) the relationship between faculty salaries and the cost of living, 1986-87 to 1992-93. (MSE)

The new wave of curricular reform, connections made between disciplines, is described. The focus is on general education with classes that deal with broad themes that link various disciplines. The push to make college pensions more flexible and the changing of retirement plans to make sure they comply with new federal laws are discussed. (MLW)

This paper reports on a study of higher education health-care coverage for retirees including trends in coverage since 1987, major current provisions of institutions' coverage, and program cost controls. A total of 1,6701 institutions responded to a retiree heath-care survey. Among the findings were: (1) 61 percent of colleges and universities and…

The baby boom generation faces added uncertainty on their investments and perhaps lower realized rates of return on all components of their retirement savings, primarily because of their large number. Effects will be felt in the Social Security system and by pension plans and private investors. Individuals, employers, pension fund managers, and…

The popular conviction that Canadian universities will experience a serious faculty shortage in the 1990s is examined through statistics on faculty aging and replacement demand, retirement conditions, faculty renewal incentives, and the supply of doctoral recipients. It is concluded that there will be a surplus well into the 1990s. (MSE)

A survey of 24 research universities suggests that contrary to expectations of a faculty surplus, changing demands for different disciplines could further compound a projected shortage of scholars in some fields. (MSE)

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…

Discusses implications for colleges and universities of the coming retirement of the cohort of faculty brought in to teach the baby boomers. Notes both positive and negative financial impacts, effects of the greater amounts of wealth held by senior faculty on their decisions, and an increasing diffusion in retirement ages. (DB)

A survey by the Consortium on Financing Higher Education of retirement programs at 36 higher education institutions is described. It was discovered that most institutions have not done much systematic planning and did not know what retirement-related programs cost them. (MLW)