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…

University business programs have been facing a growing dilemma concerning how to address increasing shortages of doctoral-level faculty. In this study, the authors examine the challenges facing business schools because of the identified shortage, especially in light of pending baby boomer retirements. With the California State University system…

Age and sex discrimination are addressed in two newsletter articles. In "Age Discrimination in Faculty Employment," Stuart H. Bompey reviews employment litigation issues and their impact on the collective bargaining process. The Age Discrimination in Employment Act (ADEA) stipulates that individuals may be mandatorily retired at age 70;…

Changes in higher education employee benefit plans brought about by the extension of the mandatory retirement age to 70 are the focus of the monograph. Chapter one summarizes the volume and presents some major recommendations that institutions may find helpful in benefit and personnel planning. Chapter two sketches the meaning of the new law (1978…

Almost thirty years ago, Justice William Brennan saw clearly that American higher education was coming under the same pressures to "cut costs and increase efficiencies" to which market forces were subjecting businesses. Since Justice Brennan's observation, employers generally have sought to maximize their "flexibility' by creating a…

Changes in federal law regarding mandatory retirement policy, while not directly covering higher education until 1982, will have much earlier educational and financial impacts on colleges and universities. Educational decision-makers will modify their behavior in such areas as hiring and tenure decisions, retirement decisions, and faculty pay…

This report presents results of a survey of pension plans offered by Ontario universities to their employees. A summary provides overall information by: type of plan; eligibility; member contributions; university contributions; benefits; indexing; and standard options for benefit payment on early retirement, termination, or death. An explanation…

The adequacy of pension plans for persons retiring from colleges and universities is considered. Data are presented showing that people who retired in the late 1960s and early 1970s from higher education institutions at ages 65 and 68 spent most of their working lives earning less than $10,000 a year. The phenomenon of low pensions in an age of…

The American Association of University Professors' Committee A on Academic Freedom and Tenure examines the implications for tenure of federal legislation forbidding mandatory retirement because of age. (MSE)

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)

Comments on the practice of mandatory retirement of college faculty members. Calls for an end to the needless wasting of human talent, experience, and know-how. (FL)

In 1980, Teachers Insurance and Annuity Association surveyed the post-1978 Age Discrimination in Employment Act amendment status of TIAA-CREF retirement and insurance plans in colleges and universities. The results of the survey are reported. (MLW)

A national survey of over 19,000 higher education retirees and 125 colleges and universities investigated the availability of retirement counseling and services, relationship between retiree and institution, timing and reasons for retiring, institutional financial health, sources of retirement income, and retiree insights into important retirement…

To advocate replacement of traditional tenure arrangements by fixed-term contracts is a misreading of the Age Discrimination in Employment Act amendments, and may threaten academic freedom. (Author/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)