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…

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…

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.…

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)

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 rapid expansion of Ontario's educational system in the 1960s serves as a base for this study of the current decline in enrollment and its consequences. This paper examines two results of the concentration of manpower in teaching: the need for reduction in force and the potential burden on the retirement system. The author makes several…

The impact of the Age Discrimination in Employment Act Amendments of 1978 (ADEA) and possible options for adjusting to the impact were estimated for members institutions of the Consortium on Financing Higher Education (COFHE). Questionnaire information was gathered on active, departed, and retired faculty from 27 individual COFHE institutions.…

Economic underpinnings of retirement incentives and case law leading to the Older Workers Benefits Protection Act (1986) are reviewed; implications for early retirement incentives for college faculty are considered. It is concluded that congressional intent is not to foreclose such incentives and that the Age Discrimination in Employment Act…

Retirement plans and concerns of tenured faculty 40 years old and older were evaluated in 1979. For the sample of 26 member institutions of the Consortium on Financing Higher Education, 1,193 faculty members returned usable questionnaires. The evaluation focused on the following: characteristics of the faculty respondents, current circumstances…

This paper traces the development of two 1978 acts--the Pregnancy Discrimination Act and the Age Discrimination in Employment Act Amendment--and identifies some adverse effects that each can be expected to have on the work force in school districts. Besides providing new protection to two classes of workers (the pregnant and the 45-and-over), the…

Proceedings of a 1980 Brown University conference on faculty retirement are presented. Papers and authors are as follows: "A Review of Current Legal Status and National Policy Issues" (Laura C. Ford); "Mandatory Retirement Age Legislation for Tenured Faculty: The Policy Issues and Their Context" (W. Lee Hansen);…

Until the beginning of 1994, federal law permitted mandatory retirement of tenured faculty at age 70. The Committee on Mandatory Retirement in Higher Education, formed by the National Research Council, was charged by Congress to examine potential effects on colleges, universities, and faculty members of ending the exemption for tenured faculty…

The California State University and Colleges' (CSUC) Early Retirement Incentive (ERI) Program is described, and information is presented of those who retire during a three-month period with an incentive bonus of two additional years of (unearned) retirement service credit. During the eligibility period 1,047 CSUC employees retired, and it appears…