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…

Teacher pension systems concentrate retirements within a narrow range of the career cycle by penalizing individuals who separate too soon or remain employed too long. The penalties result in the retention of some teachers who would otherwise choose to leave, and the premature exit of some teachers who would otherwise choose to stay. We examine the…

Retirement plans of older participants of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) were surveyed. Questionnaires were mailed to a random sample of 2,260 participants aged 59-69, and 1,438 returns served as the base for data analysis. This group was 62 percent male and 38 percent female; 48 percent…

Retention rates of professors, associate professors, and assistant professors in the Florida State University System (SUS) for 1977-1978 and 1978-1979 are analyzed. Separate retention rates for each rank by tenure status and age group are presented. The nontenured assistant professors have the lowest retention rates (about 85 percent for both time…