A preliminary investigation was done of the effect of the elimination of mandatory retirement of tenured faculty in higher education and the estimated costs of providing faculty benefits and inducements in a future without mandatory retirement. The study developed a classification system of possible benefit packages including the following: (1)…

A study was done of the savings patterns and financial resources of households receiving teacher's retirement insurance benefits. For the survey a mail questionnaire was sent in fall 1988 to a statistically drawn sample of Teachers Insurance and Annuity Association-College Retirement Equities Fund annuitants. Over 900 questionnaires were completed…

Describes three law suits filed by part-time community college faculty members in Washington State for retirement benefits, health care benefits, and unpaid wages and overtime. Notes that college officials insist they have violated no state laws. Reports on the development of a lobbying group among the state's thousands of part-time faculty…

Principals need to be alert to the needs of older teachers. They should offer support, preretirement education programs, or time off for teacher reflection and self-renewal. This alleviates preretirement worries, improving the transition period from work to retirement. (MD)

Comparative information on expenditures by colleges and universities for employee retirement and insurance benefits is presented for 1986. Based on survey responses from 653 schools, information is provided for each benefit category on expenditures as a percentage of total gross payroll, and expenditures as dollars per employee per year. The…

Comparative information on expenditures by colleges and universities for employee retirement and insurance benefits is presented for 1984. Results of the survey, which was administered to 639 institutions, provide information on each benefit category on: expenditures as a percentage of total gross payroll, and expenditures as dollars per employee…

Texarkana (Texas) Community College and Texarkana Independent School District left the federal Social Security System (SSS) and reallocated SSS funds to a self-administered fringe benefit program, while also returning employees' SSS contributions to them intact. Several safeguards for Texas employees were already in place through the Texas Teacher…

The project reported here studied increased-benefit early retirement programs and mid-career change programs in academic institutions, business, industry, and government. The search and analysis had two objectives: (1) to assemble information useful to colleges and universities; and (2) to assemble information helpful to individual academics. The…

The involuntary release of about 100 tenured faculty at Michigan State University in 1981 was avoided through implementation of a plan of financial incentives for early faculty retirement. The plan is explained from the viewpoint of its author, with colleague comments included. (MSE)

This issue examines inflation protection for pensions in the 1990s and beyond. It describes how providers of retirement services can offer participants opportunities to improve inflation protection through product design, services, and educational programs. It explains the use of inflation-indexed (real bonds), noting the potential role for such…

This paper presents a method for higher education faculty and staff to assess pension plan objectives by determining a retirement income replacement ratio to maintain the salary-based preretirement standard of living. The paper describes the RETIRE Project which researches income replacement using the federal government's annual "Consumer…

Results of a survey of pension plans in Ontario universities are summarized according to type of plan, eligibility, member and university contributions, and benefits. Benefits for normal retirment, early retirement, termination, and death are presented. Death benefits are outlined for before retirement, after retirement, and by model pension…

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)

This issue describes the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) life-annuity income options and traces the trends in their selection over a 17-year period, 1978-1994. Other income-related choices at or before retirement are also explored. The article emphasizes that participants in defined…