Long-term disability income coverage is seen as the most rapidly growing staff benefit in recent years. A Teachers Insurance and Annuity Association's survey of existing long-term disability plans, which provide adequate income replacement, is discussed. (MLW)

Faculty members of America's universities and colleges, it is suggested, are finding the real world of academic life increasingly out of tune with the careers they prepared for. Seven faculty members are profiled whose careers illustrate difficulties academics may face at several stages of their lives. (MLW)

The Employment Retirement Income Security Act of 1974 provides vesting requirements for private pension plans but not transfer of vested monies to the new employer when an employee changes jobs. Unless problems of increased employer costs and possible employee benefit losses are resolved, a mandatory portable pension concept is unlikely. (MF)

Options available to college faculty for planning their retirement benefits are described, including defined benefit plans, defined contribution plans, and methods for customizing a pension plan. Data for 1993 on American households owning interest-earning assets (passbook savings, money market deposit accounts, certificates of deposit, checking…

The 1986 amendments to the Age Discrimination in Employment Act and tax reforms from that year will require changes in retirement policies in higher education, especially pension plans, because of the extension of nondiscrimination rules to all tax-deferred annuities. (Author/MSE)

This article argues that, rather than raising the salaries of college presidents, thus widening the salary gap with faculty and possibly creating ill will, governing boards can provide better, long-term supplemental retirement programs that offer maximum reward, security, and control. This strategy can assist in recruitment and retention of…

A survey of 115 medical schools concerning early retirement benefits and incentives for faculty found that defined-contribution plans were preferred and were available at 37 percent of institutions. Incentive programs were used by 70 percent of schools during 1987-91. However, few early retirements have occurred. Program characteristics,…

Spurred by the high turnover of urban school chiefs, school boards are trying to lock in outstanding incumbents by offering "golden handcuff" provisions such as trust funds, extended contracts, and supplemental salary and housing benefits. A sidebar describes a Jackson (Mississippi) superintendent's $100,000 escrow account as a…

Results of a survey of 15 colleges and universities switching away, at least in part, from investment in the Teachers' Insurance and Annuities Fund and College Retirement Equities Fund (TIAA-CREF) for faculty retirement illustrate a trend toward increased competition and some definite patterns in fund preference. (MSE)

Examines the range of knowledge about retirement-related issues that exists among various employee groups within a particular organization. Finds that education was a strong predictor in determining employees' knowledge. Discusses implications for future research regarding the development of materials designed to educate employees about…

Many states are struggling to finance under-funded teacher pension systems as well as recruit and retain a high-quality teaching workforce. This paper compares Maryland's former (prior to Spring, 2006) teacher pension system to those in Pennsylvania and several other states. On the basis of simple replacement rates, the former Maryland state plan…

Although even a few years ago researchers were suggesting that faculty aging and the resulting retirements would result in a huge demand for new hires, job opportunities have become scarce for recent graduates of doctoral programs. It is important, however, that colleges be able to hire new personnel to bring new ideas into the institution. In…

This report, the seventh in a regular biennial survey series, provides standardized comparative information on expenditures by colleges and universities for employee retirement and insurance benefits in 25 tables and 5 charts. The data, collected in 1990 from 634 institutions, reflect information supplied for either fiscal or calendar year 1989.…

This report, the eighth in a regular biennial survey series, provides standardized comparative information on expenditures by colleges and universities for employee retirement and insurance benefits in 26 tables and 5 charts. The data, collected in 1992 from 577 institutions, reflect information supplied for either fiscal or calendar year 1981.…

A preliminary investigation was done of the effect of the elimination of mandatory retirement of tenured faculty in higher education and the estimated costs of providing faculty benefits and inducements in a future without mandatory retirement. The study developed a classification system of possible benefit packages including the following: (1)…