The Tax Reform Act of 1986 and subsequent legislation have radically altered the rules needed to maintain favorable tax status of tax-sheltered annuity plans for college employees. Application of the new rules is complex. Critical questions facing institutions and organizations are answered, and potential liabilities facing educational employers…

In Solon v. Gray Community School Corporation (Indiana)," the school district offered incentives for early retirement to teachers who retired with a minimum age of 58 and a maximum age of 61. The 7th U.S. Circuit Court of Appeals affirmed the core of the district court's ruling that the arrangement discriminated against older workers. (MLF)

Social workers understand that assessing the implications of a policy for individual citizens like Veronica, a 51 year-old African American woman whose retirement will be jeopardized by President Bush's plan for social security, is often a good yardstick by which to measure the impact of a change. Moreover, social workers understand that policy…

For more than a century, a succession of New York City (NYC) mayors have claimed that they were reducing administrative overhead in the school system and driving more resources to instruction. These claims have been dutifully reported by the press with rarely any effort to verify them. For the last 50 years, the salaries of teachers were increased…

Since 1999 the complex reform of the old-age pension system was introduced in Poland and the process of changes is still ongoing. The multi-pillar system replaced the pay-as-you-go system. Voluntary third pillar will guarantee higher pensions for those that decide to save more. However, the systemic changes were placed in the new market economy…

A recent survey of the 50 states showed a wide variation in buy-back provisions for emigrating teachers who wish to apply prior service from another state toward their pension plan in the state to which they have moved. A chart shows the number of years of buy-back allowed and the specific requirements for claiming them in each of the states,…

The interaction of an aging population and the national budget can best be seen through programs for older people. The key to understanding this interaction lies in linking budget and program costs with demographics, and in observing data over time. Data from three federal budget programs, Social Security's Old-Age and Survivors Insurance and…

The recent decline in the labor force participation rates of older Americans is well known and well documented. Dramatic changes in male participation rates occurred between 1968 and 1986. Declines were substantial as early as age 55 and as late as age 70. The trends for older women were much less dramatic. In 1988, nearly half of employed men and…

This paper begins by noting that at the time that Medicare was enacted in 1965, the plans for funding Medicare through a mix of public and private financing mechanisms seemed quite adequate. It goes on to explain how, 20 years later, the situation is changing enough to create a need to examine whether there is a fairer or more efficient way to…

This document contains Fall 1988 data on salary and benefits as provided by Pima County, Arizona, employers. A chart with wage data presents weighted hourly wage paid, hourly range, and weighted hourly range for each occupational title. Definitions of terms follow. Then, benchmark summary position descriptions (definitions) of the occupations are…

This document contains fall 1988 data on salary and benefits as provided by Maricopa County, Arizona, employers. A chart with wage data presents weighted hourly wage paid, hourly range, and weighted hourly range for each occupational title. Definitions of terms follow. Then, benchmark summary position descriptions (definitions) of the occupations…

The 20th century has seen average life expectancy in the United States move from under 50 years to over 70 years. Coupled with this increase in average life expectancy is the aging of the 76.4 million persons born between 1946 and 1964. As they approach retirement, these baby-boomers will have to balance their own needs with those of living…

In the Federal Republic of Germany, a welfare state, the elderly profit from social security measures to a lesser extent than does the rest of the population. As of yet, the older population has had very little importance in the political arena. Many policy outcomes directly affecting the living conditions of the older population are uncontrolled…

By 1976-77 almost four million teachers and other school personnel belonged to teacher retirement systems or public employee retirement systems. To help laypersons better understand these systems, this report describes the institutional characteristics of public pension funds whose members include teachers and explains the concepts behind such…

The financial condition of public employee retirement systems, including teacher retirement systems (TRSs), has become a matter of public concern, intensified by recent debate over the future of the Social Security System. This report provides some basic data about TRS financial condition. It reviews how to assess TRS financial health, discusses…