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Proposed Legislation on Age-based Faculty Retirement Incentives

Proposed Legislation on Age-based Faculty Retirement Incentives PDF Author: David L. Raish
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 44

Book Description

Proposed Legislation on Age-based Faculty Retirement Incentives

Proposed Legislation on Age-based Faculty Retirement Incentives PDF Author: David L. Raish
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 44

Book Description

To Retire or Not?

To Retire or Not? PDF Author: Robert L. Clark
Publisher: University of Pennsylvania Press
ISBN: 1512821632
Category : Education
Languages : en
Pages : 187

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.

Hearing on Early Retirement in Higher Education

Hearing on Early Retirement in Higher Education PDF Author: United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Employer-Employee Relations
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 68

Book Description

Faculty Early Retirement

Faculty Early Retirement PDF Author: Janice Dutcher Simpson
Publisher:
ISBN:
Category : Retirement age
Languages : en
Pages : 416

Book Description

Ending Mandatory Retirement for Tenured Faculty

Ending Mandatory Retirement for Tenured Faculty PDF Author: Committee on Mandatory Retirement in Higher Education
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

Book Description
This report discusses whether the special circumstances of tenured faculty in higher education justify a continued exception to the national policy prohibiting age discrimination in employment, and examines a number of practical steps that are available or could be made available to address the problems raised by the elimination of mandatory retirement. Among the topics discussed are: the effects of uncapping on faculty retirement; faculty performance and institutional quality; pensions, retirement programs and costs; and retirement incentive programs. Two key conclusions are presented: (1) at most colleges and universities, few tenured faculty would continue working past age 70 if mandatory retirement is eliminated; and (2) at some research universities, a high proportion of faculty would choose to work past age 70 if mandatory retirement is eliminated. Committee recommendations include suggestions for continuing retirement income; the adoption of policies by Congress, the Internal Revenue Service, and the Equal Opportunity Commission concerning employer contributions based on estimated level of pension income; and minimum and maximum goals for inflation-protected pension income for better resource allocation and the limiting of inadvertent incentives to postpone retirement. Appendices include a description of study methods, discussion of national faculty databases, and a summary of the characteristics of institutions and faculty, and biographical sketches of committee members and staff. Contains 108 references. (GLR)

Finance and Employment Implications of Raising the Mandatory Retirement Age for Faculty

Finance and Employment Implications of Raising the Mandatory Retirement Age for Faculty PDF Author: Thomas M. Corwin
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 86

Book Description

Incentive Early Retirement Programs for Faculty

Incentive Early Retirement Programs for Faculty PDF Author: Jay L. Chronister
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 104

Book Description

Our Aging Faculty and Staff

Our Aging Faculty and Staff PDF Author: Robert M. O'Neil
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 46

Book Description

Age Discrimination in Employment Amendments of 1995

Age Discrimination in Employment Amendments of 1995 PDF Author: United States. Congress. Senate. Committee on Labor and Human Resources
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 106

Book Description

The Faculty Retirement Policy Landscape

The Faculty Retirement Policy Landscape PDF Author: P. Brett Hammond
Publisher:
ISBN:
Category : College teachers
Languages : en
Pages : 56

Book Description

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