The history of the Carnegie pension system and the contributions of the Carnegie Foundation for the Advancement of Teaching (CFAT) and Henry Pritchett toward its development are discussed. General problems and criticisms of the CFAT and pension plans in academe are examined. (SF)

A study examined the relationship between student evaluations of teaching effectiveness, age of faculty, and timing of retirement among tenured faculty. Results suggest a significant but small impact of age, varying by discipline. Uncapping of mandatory retirement appears to raise no major concerns for dramatic deterioration in teaching…

Some higher education officials say the end of mandatory retirement may lead to lower faculty turnover and could reduce opportunities for young scholars, mainly members of minorities, women, and younger faculty in the departments for which the individual institution is most respected. (Author/MSE)

Charts and graphs illustrate trends in (1) values of college employee pension money invested in the stock market since 1990; (2) college spending on a variety of faculty fringe benefits in 1992-93, by institution type; and (3) the relationship between faculty salaries and the cost of living, 1986-87 to 1992-93. (MSE)

In the late 1980s and early 1990s, the graying of America's college and university faculty coincided with new federal regulations that prohibited mandatory retirement. So in order to both encourage faculty retirements and assume better control of when positions would be vacated about half of all U.S. colleges and universities adopted various…

This publication is a compilation of summaries of the major legal provisions of state and local retirement systems to which public school teachers belong. The individual summaries were prepared by state and local retirement administrators in accordance with a topical and explanatory outline developed by the National Council on Teacher Retirement.…

The effects of the October 1987 stock market crash on older faculty pension funds, gifts and capital drives, endowment funds, and foundation losses and cutbacks are examined. (MSE)

A British report recommending widespread compulsory retirement of mathematics faculty based on current enrollment trends and predictions is analyzed and criticized for both its statistics and its assumptions. It is argued that social influences in enrollment and social considerations in public policy toward education are largely being ignored.…

Traces development of pensions for retired teachers from 1891 to the 1930s. Presents excerpts from educational literature and primary sources such as letters and speeches to indicate various attitudes toward salaries, cost of living, financial problems of public school administration, and legislation mandating teacher retirement pay. (Author/DB)

A study of the historical connection between pension, mandatory retirement age, and retirement behavior in higher education suggests that raising the mandatory retirement age from 65 to 70 will have relatively small, short-term effects on the retirement timing of tenured faculty members. (Author/MSE)

Because of the end of mandatory retirement for faculty in January 1994, colleges and universities are looking at ways to motivate faculty to retire before age 70. A variety of incentives are being considered, including early retirement bonuses, allowing retirees to teach courses and keep a campus office, and toughening tenure evaluations. (MSE)

Several recent studies have shown that a large-scale turnover is likely to occur among community college instructors over the next several years, as veteran faculty retire in large numbers. As colleges begin to experience this mass retirement, researchers and administrators must consider the side effects of a faculty turnover, especially in…

Results of the ninth biennial survey of 585 colleges and universities concerning expenditures for employee retirement and insurance benefits for 1993 are reported. Data are presented primarily in tabular form, with some narrative. A summary of survey highlights is included. Sample findings included: weighted average employer expenditure for…

A projection is provided of the Rancho Santiago Community College District's estimated future marginal costs of classroom teachers who, pursuant to California Assembly Bill 123, may retire using their highest 12 consecutive months' salary rather than the average of the 3 highest consecutive years as their final compensation. The projection was…