Recent research demonstrates that personal mortality salience from annuity contemplation generates an avoidance response, reducing interest in purchasing annuities. However, theoretical models of mortality salience also predict an increased desire for investment in the future circumstances of surviving others ("symbolic immortality"),…

For years, people have been taught that maintaining liquidity of assets, particularly at retirement, is beneficial. One's liquidity, that is, monies he/she controls and has ready access to for discretionary withdrawals, translates into uncertainty to the company holding those assets because they can be withdrawn at any time. If one can increase a…

The various retirement income options available to TIAA-CREF participants and federal taxes on each option are explained. The importance of early planning for retirement income is stressed and it is suggested that assessment of future financial needs will indicate the most appropriate settlement mode for retirement. (SF)

The basic provisions of the TIAA-CREF retirement plans are outlined and the impact of inflation and falling stock prices on annuities and bonds are investigated. Major factors that should be considered when allocating contributions to TIAA-CREF funds are discussed. (SF)

In supporting the principle of equal monthly retirement benefits for women and men faculty, the author examines legal and other questions involved in determining whether separate mortality tables are equitable and whether equal contributions or equal monthly benefits is the proper measure of equality. (JT)

This committee print provides workers with a general overview of the steps involved in planning retirement income and encourages them to start laying down concrete financial plans now for their retirement years. It begins by outlining a framework for planning retirement finances. These specific steps are discussed: gathering information on current…

Faculty members of America's universities and colleges, it is suggested, are finding the real world of academic life increasingly out of tune with the careers they prepared for. Seven faculty members are profiled whose careers illustrate difficulties academics may face at several stages of their lives. (MLW)

The Employment Retirement Income Security Act of 1974 provides vesting requirements for private pension plans but not transfer of vested monies to the new employer when an employee changes jobs. Unless problems of increased employer costs and possible employee benefit losses are resolved, a mandatory portable pension concept is unlikely. (MF)

In a 1968 survey of the income of the aged, 8,248 persons were interviewed out of a population of 19.3 million persons aged 65 or over, excluding approximately 95,000 federal annuitants, 30,000 aliens, and a small number of persons not enrolled. The Current Medicare Survey was utilized to obtain certain selected characteristics of aged persons.…

This sixth in a series of six packages of instructional materials developed by the Pre-Retirement Rehearsal Project contains a student's pre-retirement booklet specifically intended for adults with limited reading ability and teacher's guide, which consider financial planning for retirement, including such topics as types of income, Social…

Congress enacted the Employment Retirement Income Security Act of 1974 (ERISA) to help assure economic security in retirement. This analysis includes description of the growth, operation, and inequities within the private pension system and analysis of ERISA: (1) participation, vesting and joint and survivor annuities; (2) funding and plan…

A senior research officer of Teacher Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF) discusses the issue of different life annuity benefits to men and women concluding that age and sex are two objective and statistically reliable factors used in determining life expectancy and thus the expected duration of…

This bibliography has been prepared to aid those people looking for additional information or advice as they make their retirement plans. Most of the books are available at public libraries and in paperback editions. The bibliography is organized in the following six sections: (1) comprehensive handbooks and workbooks; (2) retirement finances; (3)…

This article presents an analysis of six major issues involved in ASBO's resolution opposing mandatory Social Security: fiscal implications for taxpayers; impact on the economy; mandatory coverage as a solution; patriotism as an issue; promises violated by Social Security; and the legal issues of mandatory coverage. (Author/MLF)

This document is a report of statistical data on the characteristics of households and individuals receiving noncash benefits in 1984. The data were obtained from the March 1985 Current Population Survey (CPS) conducted by the Bureau of the Census. The report covers data on: The Food Stamp Program; the National School Lunch Program; public and…