Many states enhanced benefits in teacher retirement plans during the 1990s. This paper examines the school staffing effects of one such enhancement in a major urban school district with mostly high poverty schools. Pension rule changes in 1999 for St. Louis public school teachers resulted in very large increases in pension wealth for active…

In response to financial pressures, the New York State Assembly has created new, less-generous retirement plans for teachers. Teachers and other education employees are enrolled in one of two plans, the Teachers' Retirement System of the City of New York (TRS) and the New York State Teachers' Retirement System (NYSTRS). How far have the benefits…

This toolkit was created to make transition planning easier and offers easy-to-understand information about the purpose of transition planning, the goal and importance of age-appropriate assessments, and the required rules that are used by schools. It also includes information on the community partners that can provide youth with supports as…

While it is generally understood that defined benefit pension systems concentrate benefits on career teachers and impose costs on mobile teachers, there has been very little analysis of the magnitude of these effects. The authors develop a measure of implicit redistribution of pension wealth among teachers at varying ages of separation. Compared…

China's oldest old population is estimated to quadruple by 2050. Yet, poverty rate for the oldest old has been the highest among all age groups in China. This paper investigates the relationship between economic stress, quality of life, and mortality among the oldest-old in China. Both objective economic hardships and perceived economic strain are…

This paper exploits a major, unanticipated reform of the California teachers' pension to provide quasi-experimental evidence on the link between pension generosity and retirement timing. Using two large administrative datasets, the author conducts a reduced-form analysis of the pension reform and estimates a structural model of retirement timing.…

In recent years, legislative changes, new types of retirement plans, and increases in life expectancy have led to differences in retirement ages. More older adults continue to work. The traditional model of social security, savings, and employer retirement benefits is changing. (Contains 31 notes and references.) (SK)

A comparative analysis of defined benefit pension plans that were more common before 1980s and the defined contribution plans is presented. It is observed that defined benefit pension plans offered age related incentives thereby encouraging people to retire earlier. In contrast, defined contribution plans encourage people to continue with jobs…

The General Accounting Office examined retirement age trends in the private sector to assist the Congress in its effort to devise a retirement system for Federal employees. The Census Bureau's Current Population Survey (CPS) was identified as a source of information about private sector retirement patterns. March 1974, 1979, and 1984 data were…

Summarizes results of a 1993 survey of Southeastern Library Association members to find out if librarians are covered by pension programs, and if they are using tax-deferred savings plans for retirement. Discusses librarian participation in employer-sponsored retirement plans and voluntary savings programs, and compares survey results based on…

Federal legislation effective in 1994 bars colleges and universities from forcing tenured faculty to retire at age 70. Reactions of unions and professional associations, a required study of the law's impact, and a related measure requiring institutions to continue contributions to pension plans of over-65 workers are discussed. (MSE)

The transcripts of testimony given before the Senate Committee on Aging by the Secretary of the Department of Labor, F. Ray Marshall, and Ewan Clague, consultant and former Commissioner of the U.S. Bureau of Labor Statistics, are presented. Issues reviewed in these statements address the following areas of concern: retirement trends, economic…

Colleges are both concerned about the effects of lifting the mandatory faculty retirement lid and interested in retaining the services of valued faculty. As a result, many are offering retiring teachers perquisites such as office and laboratory space, secretarial services, and opportunities to teach and advise part-time. (MSE)

Portions of a July 1983 document describing the origins and possible functions of a commission on college faculty retirement, to be funded by the Carnegie Commission, are presented. The commission's major tasks would be to reexamine the purposes and goals of a pension fund, review the current plans, and structure a plan for the future. (MSE)

The transcripts of testimony given before the Senate Committee on Aging by representatives of numerous national organizations for older adults, such as the National Council on Aging and the National Gray Panthers, are provided. Issues reviewed in these statements address the following areas of concern: minority group needs, retirement planning,…