In the UK, a default retirement age no longer exists and more people choose to 'stay on' in their academic posts. 'Staying on' poses opportunities and threats in the academic labour market. Older academics can make a positive contribution to their institution through their expertise and experience. By continuing to work, paying tax and keeping…

In April 2009, a high school principal in a large Arizona school district met individually with 18 of his most senior teachers to inform them that they would not have a job the following year. Why didn't tenure protect them from wholesale dismissal? The answer is they all had one thing in common: they were retirees who had been leased or hired…

The Committee on Retirement of the American Association of University Professors initiated its first retirement policies survey in 2000 to address a lack of reliable and systematically collected information on retirement policies and practices across U.S. institutions of higher education. At the end of the 1990s, there was a sense that…

An incentive early retirement program is an arrangement between employer and employee that provides tangible inducement or reward for voluntary early retirement. It may be a formal program or an ad hoc agreement negotiated with the institution. The most common incentives include severance pay, liberalized actuarial reduction, annuity enhancements,…

This document contains 4 charts and 15 tables describing the pension coverage of workers and the income of retirees in the United States as of 1984. Data were gathered through the fourth wave topical module to the 1984 panel of the Survey of Income and Program Participation, conducted from September through December of 1984. The prevalence of…

Future developments in the areas of employer policies and retirement age choice of employees are uncertain because of the inability to predict public policy regarding retirement benefit programs. (JOW)

A variety of incentives offered to faculty to leave an institution in difficult financial circumstances are outlined. They include: liberalizing the actuarial pension reduction, lump-sum severance payments, annuity enhancements, phased retirement, retirement perquisites, retraining for outplacement, paid retraining, and earnings supplements during…

This study investigated several aspects of early retirement (prior to age 65) as reported by a selected group of Colorado educators from two large districts, one using the state system and the other its own local system of early retirement. Early retirees from these districts were surveyed by means of a three-part questionnaire: part 1 gathererd…

This case study examines the impact of Early Retirement Incentive Programs (ERIP) on Ohio's two-year public colleges through a single case study analysis at Monticello Community College. Data came from interviews and an examination of college documents. This study specifically sought to address: (1) the financial impact (savings versus costs) of…

This book contains seven chapters on work and older workers based on an international symposium held at the University of South Florida in 1989. Chapter titles and authors are as follows: (1) "The Corporate Sector's Stake in Older Workers" (Daniel Knowles); (2) "A Seller's Market for Older Workers" (Audrey Freedman); (3) "Retirees' Reentry into…

College faculty early retirement plans at four-year private colleges in New England are compared to determine requirements for an early retirement policy. Findings from survey responses from 82 colleges included: 20 of the colleges had an early retirement plan; 90% of schools with an early retirement plan had a tenure policy; 25% of the schools…

The role and tasks of college committees charged with planning for the end of mandatory faculty retirement in 1994 are discussed, and a variety of faculty development, tenure, and salary policy options to consider are outlined. (MSE)

Age and sex discrimination are addressed in two newsletter articles. In "Age Discrimination in Faculty Employment," Stuart H. Bompey reviews employment litigation issues and their impact on the collective bargaining process. The Age Discrimination in Employment Act (ADEA) stipulates that individuals may be mandatorily retired at age 70;…

Experiences with faculty early retirement programs at three public universities are described. The universities range in size from 11,000 to 33,000 full-time equivalent students with 650 to more than 3,000 faculty members. Attention is directed to: goals of each of the institutions in establishing the program, characteristics of individual…

The likely impact of the new mandatory retirement age of 70 on the future financial situation of the University of the District of Columbia was considered. In order to simulate the policy's effect on the 1979-80 university budget and retirement policies, four alternative plans were developed utilizing three groups of personnel (faculty,…