Complexities in managing TIAA-CREF contracts are reviewed. Attention is directed toward participation, period considerations, selection of retirement age, retirement income transition, estate considerations and beneficiaries, voluntary additional contributions, and supplemental retirement annuity contracts. (LBH)

In the Manhart case, female employees received the same retirement payments from the pension fund as males of the same seniority, age, and salary, but the women were required to contribute slightly more each month. The Supreme Court's ruling that this violated Title VII is applied to the similar situation with the TIAA-CREF pension. (LBH)

Provisions of the Age Discrimination in Employment Act are reviewed along with AAUP retirement policy. Attention is focused on the impact on new faculty hiring and compensation costs and institutional strategies. The total effect on academic tenure is assessed. (LBH)

Figures are offered on the expense charges and cashability feature of the supplemental retirement annuities (SRA's) of the Teachers Insurance and Annuity Association (TIAA) retirement program. (LBH)

Progress made by academic women in eliminating discriminatory policies and practices once prevalent in higher educational institutions is reviewed. Of substantial distinction have been Committee W's efforts to seek economic parity and financial equity for academic women. (LBH)