Discussion of college faculty retirement benefits looks at trends in early and delayed retirement among faculty and the general population, public policy affecting retirement, a study of college pension plans, and a survey on retiree health benefits. Development of organizational climate where retirement is viewed as normal and attractive is…

Nine recommendations are offered for making the Teachers' Insurance Annuity Association (TIAA) and College Retirement Equities Fund (CREF) more attractive and competitive retirement investment vehicles for college faculty. They include broadening of account choice, fund transfer and management options, and counseling services. (MSE)

Retirement programs for college faculty are evaluated in terms of both their wealth-creation attributes and the incentives they provide for retirement. Wealth accumulation and relative cash flow from working compared to retirement are evaluated at various ages under alternative assumptions about rates of return and contribution rates. The nature…

The shortage of teachers in America's classrooms is reaching epidemic proportions. The National Education Association (2003) predicted that nearly one million veteran teachers will retire within the next decade, and reported that the number of classrooms without qualified teachers increases each year. In this article, the authors contend that a…

The baby boomer generation, typically referred to as those individuals born between 1946 and 1964, has been teaching in the schools since the 1960s. These dedicated professionals, many of them serving their schools for more than 30 years, soon will retire. In the next 10 years, more than two million new teachers will be needed to staff the…

With the average age of faculty members exceeding 55, it is expected that "large numbers of community college faculty may retire at virtually the same time and in the near future" (Gahn & Twombly, 2001, p. 260). In the wake of their exodus, it is a reasonable assumption that community colleges will be faced with hiring many new full- and part-time…

In "Market-Based Pay Reform for Public School Teachers"--a paper presented at the National Center on Performance Incentives research to policy conference in February--Michael Podgursky, professor of economics at the University of Missouri, examines the effects and unintended consequences of the current compensation system for teachers in…

This volume of "Trends" provides a historical analysis of faculty hiring over the last 30 years, with breakdowns that examine nationwide shifts in gender, age, mobility and attrition as well as within specific disciplines. Following this analysis is a discussion of the factors that will drive change in faculty renewal for the…

A project was undertaken to evaluate existing models of early retirement incentive programs (ERIPs) and recommend an ERIP for New Jersey's Mercer County Community College (MCCC). The following categories of ERIPs were reviewed: state plans for New York and Minnesota; K-12 school districts plans at the Castro Valley Unified School District and 48…

The annual Financial Report of the Teachers' Retirement System of Louisiana is divided into six main sections. The Introductory Section includes the letter of transmittal, names of the Board of Trustees, staff, and consultants; the organization chart; copy of certificate of achievement for excellence in financial reporting for 1995 financial…

This report presents results of a survey of pension plans offered by Ontario universities to their employees. A summary provides overall information by: type of plan; eligibility; member contributions; university contributions; benefits; indexing; and standard options for benefit payment on early retirement, termination, or death. An explanation…

Thoughts on retirement after 46 years teaching English. (JH)

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,…

State legislatures and school systems have mandated or recommended mentoring supports for inexperienced teachers. This paper describes a program designed to recruit retired New York City public school teachers to be trained to serve as mentors for newly hired teachers. The study of the training program focused on the interface between the training…

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.…