Do employees at public colleges and universities have better retirement benefits than K-12 employees? This is the central question in the new report "Choice and Quality Among Retirement Plans for Educators." To answer this question, we evaluate the quality of higher education and K-12 retirement plans using five key variables: (1)…

This research examined the decisions of retiring university teachers to continue work after retirement in the same profession or leave for other employment or non-paid activities. The study used a questionnaire to collect data from 231 respondents purposively drawn from 20 Ghanaian public universities. Analyses of the data revealed that most…

It is increasingly important to understand the fundamentals of investing and, for many, the ability to integrate faith and ethics with investing decisions. This is especially relevant for employees and students in Christian higher education. Most employees in Christian higher education are enrolled in retirement plans that obligate them to make…

This paper discusses and illustrates the use of dynamic Excel presentations to improve learning in Financial Management courses. Through the use of such presentations, multiple and varied examples of important principles in Financial Management, which would ordinarily take an excessive amount of time to cover, can be considered within the time…

Alternative college retirement programs and features of a desirable retirement program are discussed. The historical, social, and economic forces that prompt institutions to consider alternative programs are identified. The present position of college faculty in terms of retirement options is also addressed. Since its inception, the Teachers…

Higher education employees often participate in university-sponsored defined contribution pension plans that place the investment decision responsibility upon them. In order to examine investment decision-making behavior with retirement savings plans we investigated attitude-mediated, individual difference determinants of risky decision-making…

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…

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)

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 report of the National Research Council's committee on mandatory retirement in higher education is summarized, and related issues are discussed briefly, including trends in faculty retirement age, factors in retirement decision making, faculty productivity and age, and implications for tenure. (MSE)

A study used data from the Employee Benefits Surveys conducted by the Bureau of Labor Statistics to examine the influence of employer-provided retiree health insurance on retirement decisions. The analysis found that most coverage is similar to that of active workers but takes Medicare into consideration, and requires retiring workers to meet…

Retirement plans of older participants of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) were surveyed. Questionnaires were mailed to a random sample of 2,260 participants aged 59-69, and 1,438 returns served as the base for data analysis. This group was 62 percent male and 38 percent female; 48 percent…

With the variety of available investment options and a volatile securities market, it is vital that boards make wise choices about employee retirement programs. Issues to consider when discussing pension-plan changes are presented. (Author/MLW)

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)

Early retirement plans (ERPs) have recently been considered and implemented at a number of universities as a means to address their need to contain costs while simultaneously generating new ideas and energy within the institution through the revitalization of faculty ranks. This endorsement of ERPs by university administrators, however, is…