The vast majority of public employees--including teachers--are enrolled in defined-benefit pension plans. These plans are usually the product of state legislation that determines eligibility, benefit formulas, employer and employee contributions, and how payments will be calculated when an employee retires or leaves the system. Once an employee…

The decision concerning when to retire is the key decision in the retirement process. Whether the decision is incumbent upon the individual (voluntary) or the organization (mandatory), the decision has to be made. This study addresses the question of whether individuals who retire voluntarily will be more satisfied in retirement than individuals…

In this report, recent hearings and reports of the Senate Special Committee on Aging are summarized, and recent developments of direct relevance to the White House Conference on Aging are described. The report contains the following chapters: 1. The key issue: Retirement income; 2. Health: Rising costs and reduced programs; 3. Nursing homes:…

This article recognizes that money is a key problem in retirement and takes the approach that a review of past satisfactions and of future hopes is the best starting point in sound financial planning. Planning aids and worksheets are included. (Author/MLF)

This article explores considerations important to decisions about future living arrangements. It examines a number of factors that influence decisions about living arrangements. Emphasis is on recognition of the personal considerations that will affect individual satisfaction. (Author/MLF)

In this study of the relationship between activity after retirement and personal adjustment to occupational retirement, the importance of activity was seen as dependent on perceptions of the retirement role and on self-concepts. About 240 retired male residents of Sun City, California, furnished general background data and information on their…

An empirical study was made to identify and measure some of the factors affecting the postretirement employment of United States Army officers and warrant officers living in the southwestern United States. Data were gathered by questionnaire survey of a random sample of officer personnel who had retired since 1960 and who lived in Texas, Oklahoma,…

The 17 articles in this book were written to help middle-aged retirees, especially the military, in finding second careers. Chapter One discusses the attitudes, policies, and needs of potential employers. Chapters Two through Four separate myth from reality concerning the chances of gainful employment past the age of 45. Chapter Five explores…

The efforts of the National Council of Senior Citizens in operating the Senior Community Service programs under Operation Mainstream are described in some detail. The four chapters of this report are: I. Urgency of the Problem--The Economic Realities; Department of Labor: Shifting Positions; Legislative Initiatives; Few Results; and Administration…

This study analyzed relationships between successful adjustment to retirement, preretirement counseling, and the psychological, economic, and other background characteristics of individual employees. A preliminary study in the western states showed no small companies, and relatively few other, with preretirement counseling programs of any…