Examines post-retirement benefit increases in 76 large state pension plans and the impact of such increases on the purchasing power and adequacy of pension benefits. Although nearly all plans increased benefits for retirees, increases were much less than needed to maintain the purchasing power of pension benefits. (Author/JAC)

This report of a study of 893 2-year colleges describes group life insurance, disability income plans, retirement plans and health insurance as part of the total compensation of junior college faculty and staff. (CA)

Presents highlights of the Labor Department's study on raising the mandatory retirement age. Discusses the Age Discrimination Employment Act (ADEA) and its short-run and long-run impacts, employees' knowledge of ADEA, and the relationship between mandatory retirement rules and pension plans. (Author/CT)

The circumstances arising out of Japanese pension plan practices are described. Recommendations are given. Appropriate preretirement education is recommended to assist Japanese workers who have long accepted the compulsory retirement system in planning for the future. (Author/CT)

Fefferman argues that mandatory Social Security coverage for teachers and other government employees assures their own pension protection and equalizes their contributions with their potential Social Security benefits. Brundige feels that teachers already have superior retirement plans and should not be forced to bail out the ailing Social…

Briefly outlines the reasons some school districts are withdrawing from the social security system. Also notes some advantages of the social security system over alternative plans. (IRT)

The social security commissioner argues that the system's varied protection--against loss of earnings due to death, disability, and even inflation--makes it a better deal than most private plans. (Author/IRT)

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)

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…

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…

An incentive early retirement program is an arrangement between employer and employee that provides tangible inducement or reward for voluntary early retirement. It may be a formal program or an ad hoc agreement negotiated with the institution. The most common incentives include severance pay, liberalized actuarial reduction, annuity enhancements,…

The various retirement income options available to TIAA-CREF participants and federal taxes on each option are explained. The importance of early planning for retirement income is stressed and it is suggested that assessment of future financial needs will indicate the most appropriate settlement mode for retirement. (SF)

Despite their popularity, early retirement incentive programs (ERIPs) remain controversial. Although early retirement may be appealing to some teachers, others bristle at being shoved into retirement. Following a historical overview, this article summarizes recent state legislation and addresses ERIP legal status under the Age Discrimination in…

Uncapping the mandatory retirement age is unlikely to alter retirement age by much, but it will lead to substantially higher pensions for faculty members who continue to work. Institutions must monitor retirement-age behavior in order to restructure pension and other benefits appropriately to meet income and retirement objectives. (Author/MSE)

Colleges are both concerned about the effects of lifting the mandatory faculty retirement lid and interested in retaining the services of valued faculty. As a result, many are offering retiring teachers perquisites such as office and laboratory space, secretarial services, and opportunities to teach and advise part-time. (MSE)