Early Retirement Programs in US Higher Education PDF Download
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Author: John E. Keefe
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 86
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Book Description
Author: John E. Keefe
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 86
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Book Description
Author: Robert L. Clark
Publisher: University of Pennsylvania Press
ISBN: 1512821632
Category : Education
Languages : en
Pages : 187
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Book Description
Colleges and universities across the country face huge challenges as their faculties age, their budgets stagnate, and mandatory retirement becomes a thing of the past. In To Retire or Not? the nation's foremost authorities on retirement policy and practice provide a critical assessment of academic labor markets and retirement patterns, explaining how to adjust pension and other incentive programs to ensure proper replenishment of intellectual and human capital. Case studies vividly illustrate how to predict the need for special retirement programs, how to structure voluntary early-out benefit plans, and how age-based retirement incentives work in practice. Recent legal decisions are assessed and critiqued. A recent amendment to the U.S. Age Discrimination in Employment Act ended mandatory retirement for tenured faculty at colleges and universities across the country. This law let individual faculty members enjoy an economic benefit enjoyed by almost all other American workers: they could choose to continue working past age 70 or "sell" the benefit back to their universities in exchange for earlier retirement. At the same time, however, educational administrators were faced with a faculty bulge created by the expansion of the professorate in the 1960s and early '70s, and the so-called "surplus army" of Ph.D.s of the 1980s. Colleges and universities everywhere are now faced with the higher costs of retaining senior professors instead of hiring entry-level replacements at lower salaries.
Author:
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 114
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Author: United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Employer-Employee Relations
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 68
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Author: Robert Louis Clark
Publisher: Edward Elgar Publishing
ISBN: 9781845425548
Category : Education
Languages : en
Pages : 328
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Book Description
[This book] provides tools and insights for university and college administrators to use when evaluating changes in retirement policy, and it presents valuable information in the form of case studies concerning changes in retention policies and retirement policies. Lisa M. Dickson, Industrial and Labor Relations Review This volume, a collection of papers presented at the 2004 TIAA-CREF Institute conference on higher education, contains many excellent chapters. John Heuer, Journal of Pension Economics and Finance This book enlightens the reader about two important policy issues, health care provision and retirement plans, by addressing both broad macro issues and specific concerns of higher education administrators. Such content is both valuable and practical for the concerned higher education researcher and administrator. Marc Kaulisch, The Review of Higher Education Attracting and retaining highly qualified faculty is essential to maintaining productivity at institutions of higher education. Colleges and universities are at a critical juncture in their history as they attempt to achieve their teaching and research goals. This volume examines some of the most pressing employment and compensation issues confronting academic administrators. Contributors discuss topics such as: ageing of faculty, changing economic conditions and shifts in faculty employment patterns, rapid increases in health care costs and trends in retiree health insurance, and adoption of phased and early retirement programs. The volume also includes a series of case studies on how individual universities are confronting these challenges. Institutions in these case studies include: Syracuse University, the University of North Carolina, the University of California, institutions in the Association of New American Colleges, and other colleges and universities included in several surveys and research projects. This timely volume will appeal to academic administrators at colleges and universities in the US and internationally as they face the common challenges of rising employment costs, faculty aging and global competition. Researchers interested in the future of higher education, economics, and the academic labor market in general will find this a valuable addition to their library.
Author: Valerie Martin Colnley
Publisher: Jossey-Bass
ISBN:
Category : Education
Languages : en
Pages : 100
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Book Description
This volume explores all aspects of phased retirement, an option that provides flexibility for faculty who intend to retire but may have good reason to do so gradually instead of all at once. It is well known now that colleges and universities can no longer tell faculty when they must retire. Instead, faculty can now tell their institutions when they will stop working. For years prior to 1994, the impending federal abolition of mandatory retirement caused colleges and universities to worry that faculty might choose never to retire. The specter of an infinitely aging and increasingly costly gerontocracy ruling the classrooms, labs, and committee structures of universities led to varied experiments with incentives and inducements to make retirement attractive to faculty members. This volume looks at how one of these newer options, phased retirement, works. New Ways to Phase Into Retirement is the 132nd issue of the quarterly higher education report New Directions for Higher Education, published by Jossey-Bass.
Author: Hans Heinrich Jenny
Publisher:
ISBN:
Category : College administrators
Languages : en
Pages : 92
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Book Description
Author: United States. Congress. Senate. Special Committee on Aging. Subcommittee on Retirement and the Individual
Publisher:
ISBN:
Category : Retirement
Languages : en
Pages : 228
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Book Description
Author: Robert Clifford Williamson
Publisher: Springer
ISBN: 1489961240
Category : Social Science
Languages : en
Pages : 275
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Book Description
Author: James W. Russell
Publisher: NYU Press
ISBN: 1583679332
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
"Researching retirement plans should not take the rest of your life, even if deciphering the relevant paperwork seems to have become a full-time job. Deliberately elaborate legalese is obscuring the efforts of financial elites to seize control of workers' collective retirement savings-and The Labor Guide to Retirement Plans is here to translate. In theory our national pension system, Social Security, should function well as a form of social insurance delivering partial retirement security, while workplace 401(k)s provide the rest. The problem is that very few do. Indeed, most workers have weak workplace retirement plans if they have them at all-and about half do not. Neoliberal retirement reforms have made matters worse, accelerating financial elites' efforts to replace workers' guaranteed pension plans with weak 401(k)-like savings accounts and stock market investment schemes and ultimately enabling financial elites to seize control of workers' collective retirement savings. The result is arguably the largest source of labor value expropriation over the last four decades. In light of all this, what do workers need to know as they assess their future prospects-especially in terms of the security their retirement plans may or may not bring? What should union activists keep in mind as they push for the national and workplace reforms needed to produce greater retirement security? This nuts-and-bolts book provides a much-needed demystification of the retirement system. Even more than that The Labor Guide to Retirement Plans enables us to take charge of our own personal futures, as a first step towards taking back what belongs to us all"--
