As school districts continue to seek administrative efficiencies and cost reductions in the wake of severe budget pressures, the resources they devote to creating or expanding retirement plan consortia is increasing. Understanding how to structure a retirement plan consortium is paramount to successfully achieving the many objectives of…

Although benefits can be a sizable part of an educator's total compensation, there has been little scholarly inquiry into the state pension plans for educators. Despite the fact that all defined benefit plans rely on the same basic formula for calculating annual pensions, they vary across states in the multiplier used, the method for calculating…

On August 17, 2006, President George W. Bush signed into law the Pension Protection Act (PL 109-280). The 907-page federal law has been referred to as the most comprehensive reform of the nation's pension law since the enactment of the Employee Retirement Income Security Act (ERISA) of 1974 (Lucas, 2008). This paper will examine the major…

This article investigates the factors influencing the motivation to continue working after retirement among a sample of Dutch teachers. Based on previous research, it was proposed that teachers will be motivated to work after their legal retirement age when organizational support, possibilities to change work roles and financial needs are high.…

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…

School systems must be able to attract high quality teachers and, if necessary, to attract them across state boundaries. Pension portability, which allows workers to change jobs and retirement systems without losing retirement benefits, is essential to accommodate an increasingly mobile work force. This paper reviews the National Governors'…

Greater attention has been focused on the role that employer-sponsored retirement plans and individual savings must play in ensuring retirement income security. Alternative tax retirement planning opportunities currently available to college personnel are explored. (MLW)

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 study documented the continued backloading of pension benefits and the extent of retirement incentives by examining pension accrual in 1,183 U.S. defined benefit pension plans in 1979 and in one large Fortune 500 firm in 1984. Among the findings on the defined benefit pension plans were the following: many plans exhibit significant backloading;…

Two proposals before Congress threaten to offset the delicate balance in pension plan design. The significance of the normal retirement feature in plan design, some possible program design changes, and how the pension arrangements of higher education institutions would be affected are discussed. (MLW)

Surveyed changes in retirement policies for tenured faculty at a large national sample of colleges and universities. Found variations in the characteristics of regular retirement programs, in the existence and nature of retirement-incentive and phased-retirement programs, in institutional policies relating to retired faculty, and in institutions'…

This position paper of the Canadian Council on Social Development, a private research group to improve social policy, reviews the usual Canadian retirement age and income. The paper recommends major revisions to Canada's pension system to allow for more flexible retirement policies and for more adequate retirement income. (MF)

On July 1, 1976 a new National Partial Pension Scheme came into effect in Sweden, which will allow older workers (60-65) to reduce their working hours and draw partial pensions as a preparation for full retirement. (Editor)

Like most Western countries, Switzerland experienced an increased birth rate following World War II, followed by decades of slower growth. However, the number of those over 65 will have increased five-fold during the 20th century, and the number of those over 80 will have increased ten-fold. Thus, there is a smaller number of young people to…