This instructional tool presents pension accounting using a worksheet approach where debits equal credits for both the employer and for the plan. Transactions associated with the initiation of the plan through the end of the second year of the plan are presented, including their impact on accumulated other comprehensive income and deferred taxes.…

College and university employees are exposed to considerable risk in the management of their retirement funds, but there are also extraordinary opportunities for careful investors. Colleges should help employees gain knowledge of investing and ensure that a broad range of adequate investment options are available. (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)