The teaching force in the United States is facing an impending crisis, one that Scherff (2008) describes as a "perfect storm," due to massive retirements, increasing impractical mandates related to the No Child Left Behind Act, and an alarmingly high teacher attrition rate. This unprecedented crisis in both the supply and retention of…

The Committee on Retirement of the American Association of University Professors initiated its first retirement policies survey in 2000 to address a lack of reliable and systematically collected information on retirement policies and practices across U.S. institutions of higher education. At the end of the 1990s, there was a sense that…

The Ohio State Teacher Retirement System (STRS) provides retirement, survivor, and disability benefits to public school (K-12) teachers, college and university professors employed by state institutions, and the spouses and eligible dependents of these employees. In doing so, it operates much like other state retirement systems. The money to…

Results of a 1986 survey of pension plans at 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, types of plan, member contributions, university contributions, benefits on normal retirement (age 65) and on early retirement (age 55), benefits on termination, benefits on death before and after retirement,…

Results of a 1984 survey of pensions plans in 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, types of plan, member contributions, university contributions, benefits on normal retirement (age 65) and on early retirement (age 55), trustee and investment manager, and pension committee composition and status.…

Results of a 1985 survey of pensions at 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, types of plans, member contributions, university contributions, benefits on normal retirement (age 65) and on early retirement (age 55), benefits on termination and on death, indexing and annuities, trustee and…

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)

This document was developed to help school administrators plan procedures to assist district staff prepare for retirement. A district is not required to offer the services suggested in these pages. Furthermore, this document is not intended for and should not be used as a handbook or guide to be given to district employees. However, a district may…

Examines the policies of the "buy-back" provisions of the retirement systems of all the states in the nation and draws implications for minority educators. (EF)

As many teachers near their retirement years, they discover that their retirement plans are insufficient and their financial planning was inappropriate. This paper describes some of the problems with the 403(b) plan (an investment plan for public school employees and certain tax-exempt organizations), explaining how teachers are beginning to…

This article explores the future of teacher labor markets. The authors find that teacher hiring needs will rise over the coming decade largely because of retirements. However, this increase will not be significantly different from that of past decades. (Contains 7 notes and 3 figures.)

At our university about 40% of the full-time faculty members are 55 years of age or older, which led me to consider what a difference they could make in this world if, upon retirement, they used their knowledge, skills, and talents to benefit others. Four dimensions that can serve to differentiate effective from ineffective educators and people…

Results of a 1987-1988 survey of pensions plans in 17 Ontario, Canada, universities are presented. Information is provided on: eligibility, the type of plan, member contributions, university contributions, benefits on normal retirement (at age 65) and on early retirement (at age 55), trustee, investment manager, and pension committee composition…

Institutions must provide good counseling regarding retirement program benefits, since when in doubt about their financial position faculty members are inclined to remain employed. Colleges should consider offering nonfinancial incentives for early retirement as well as financial. (MLW)