In 1990, older Americans, especially those aged 65 to 74, had higher preretirement and pension earnings compared with their 1980 counterparts. (Author)

Today, the work force is employed in different industries, retiring earlier, and living longer, factors not always considered in design of retirement benefits. Changes in pension plans need to recognize increasing job mobility, inflation over a longer retirement period, and trends in personal savings. (SK)

The Governmental Accounting Standards Board has released three exposure drafts addressing the proper accounting and financial reporting for pensions. If approved, the new guidance would affect both pension plans and employers offering pension benefits to their employees. (Author)

As people live longer, produce fewer children, and retire earlier, the ratio of older people to working people is growing. This creates an imbalance in the replenishment of pension funds. Solutions include promoting training and flexibility for older workers, ending discrimination, and changing attitudes thorough education and information. (JOW)

Between 1965 and 1975, over 500 community colleges opened across the United States. Thirty-five years later, the founding faculty has begun to retire. This study was designed to reveal the experiences of veteran community college faculty as they left their teaching role. The study examined the role exit experience of faculty, comparing the…

Trustees and administrators today confront one of two problems with post-retirement medical care. First, if institutions provide no support for their retirees' medical care, they implicitly offer a powerful incentive for senior faculty to stay on. The compensation and opportunity costs of this effect are obviously very high. But, second, if they…

Defined Benefit pension plans often generate odd time patterns of benefits. One typical pattern exhibits low accrual in early years, accelerating in mid-late years, followed by dramatic decline, or even negative returns in years that are relatively young for retirement. We consider four states for specific analysis: Arkansas, Missouri, California…

Policy discussions about teacher quality and teacher "shortages" often focus on recruitment and retention of young teachers. However, attention has begun to focus on the incentive effects of teacher retirement benefit systems, particularly given their rising costs and the large unfunded liabilities. In this paper we analyze accrual of…

There is significant interest in reforming retirement plans for public school employees, particularly in light of current market conditions. This paper presents an overview of the various types of state regulation of public pension plans that affect possibilities for reform. Several states have legal protections that effectively prevent a state…

Of all private nonfarm workers, 65 percent were employed in 1972 in establishments offering pension plans, compared with 58 percent in 1968. (Author)

This report details the findings of a national project on union retirees and retirement programs. Chapter I provides an introduction and discusses the history of the project, project design, and structure of the report. In Chapter II, the study of union retirees is detailed and a comprehensive data base of information on union retirees is…

This document contains 4 charts and 15 tables describing the pension coverage of workers and the income of retirees in the United States as of 1984. Data were gathered through the fourth wave topical module to the 1984 panel of the Survey of Income and Program Participation, conducted from September through December of 1984. The prevalence of…

Implementation of unisex pension plan allowing employers to comply with Supreme Court rulings would result in a fall in single men's pension wealth, a rise in single women's pension wealth, and change in returns to pension contributions. Offers analysis of how change to unisex plan would affect pension wealth and retirement decisions for single…

One phenomenon that will attract the attention of social welfare historians is the change in perception of the roles of public and private pension systems. This change has led to a shift in attitude that will affect the structure of social welfare benefits of public and private systems. (JOW)

The quest for economic security for older women calls for a balance between government standards and public programs. Four components of an action agenda to improve the quality of life for older women are education, legislation, litigation, and negotiation. (SK)