This article summarizes the Governor Budget proposals in the New England region. Governor Ned Lamont of Connecticut proposed restructuring, refinancing the systems' payments and slowing the rate of increase in the teachers' pension fund and the state employee pension fund, both of which are underfunded. Lamont also announced that for the first…

Financial risk tolerance is an important personal characteristic that is widely used by financial professionals to guide the development and presentation of client-centered recommendations. As more baby boomers enter retirement, research on how these individuals perceive their willingness to take financial risks has gained importance, particularly…

The article considers the problem of activation of people of retirement age during the period of self-isolation and studies education as a means of their activation. As a research method, the questionnaire method was used, which allows us most effectively to find out the features in the attitude of retirement age people who are in self-isolation…

Retirement is now considered a process rather than a single event. Pathways to retirement are evolving and the retirement experiences of academics are becoming increasingly relevant given the aging academic workforce in Higher Education Institutions (HEIs) worldwide. Academic retirement studies highlight that most academics continue to work in…

In this article, the author interviewed five former colleagues who were retired special education administrators about their careers and perspectives during the spring of 2012. They all worked for a regional education agency in Pennsylvania. The interviews revealed many challenges, from physical exhaustion to a changing organizational culture.…

Concerns regarding the adequacy of retirement savings have contributed to the move to encourage better savings behavior. One area of research focuses on understanding the profile of individuals who believe they are preparing adequately for retirement. The current study uses data from a national survey of South Africans to determine how confident…

Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC…

Pensions are a promise made today of benefits to be received tomorrow. They reward employees, including public school teachers, who remain working in a system for extended periods, often for their entire careers. And they impose large costs on those who leave before reaching retirement eligibility--all in the hopes of encouraging them to stay.…

Human resources (HR) represent the most significant investment on most of our college campuses in terms of time and financial resources. The importance of good data about the workforce begins with establishing a need for a new position. That need for data continues with recruiting, hiring, training, promoting, retaining (or not), and retiring…

This holistic single-case study design grounded by Sternberg's Triarchic Theory of Intelligence explores the perspectives of renowned emeriti engineering faculty on the future of the engineering professoriate and the factors that can lead to a successful professional trajectory for early-career, tenure-track engineering faculty. The emeriti…

In 2017, the authors began research for a book that would suggest training needs for the U.S. and Canadian workforce in the coming decades. Early in the research process they realized there was much more to understand in an evolving workplace than the call for reskilling workers. Workers would face many decisions influencing their careers while…

This study is a pioneer study examining the effects of personal and occupational background variables on the attitude of faculty members to an obligatory retirement age in academia. Previous studies on performance measures of academic faculty in research, teaching, academic administration, and contribution to the community, testified to…

After many years of labor peace, public school teachers have engaged in strikes and work stoppages in record numbers during the past two years. Chief among the demands of striking teachers was higher pay. Discontent was also expressed with working conditions, which teachers and their unions connected to flat or declining state spending on…

To begin to understand retirement, we examined age-related differences in (a) employment rates, employment hours, and rates of individual-plan employment goals; and (b) participation rates in unpaid formal day programs. We report weighted analyses of 2014-15 National Core Indicators data from 32 states. Unlike younger age groups, a similar…

This study investigated the relationship between retirement saving needs estimation and the amount of self-reported private retirement savings amassed by working-age adults in Hong Kong, China, by focusing on the mediating role of retirement saving needs estimation between retirement goal clarity and the amount of private retirement savings. Based…