ERIC Number: ED236762
Record Type: RIE
Publication Date: 1982-Jul
Reference Count: 0
Early Retirement Is Not the Cat's Meow. The Endpaper.
Ferguson, Wayne S.
Executive Educator, v4 n7 p36,35 Jul 1982
Early retirement plans are perceived as being beneficial to school staff and financially advantageous to schools. Four out of the five assumptions on which these perceptions are based are incorrect. The one correct assumption is that early retirement will make affirmative action programs move ahead more rapidly. The incorrect assumptions are: (1) without an early retirement program, staff will work until age 65 or older; (2) replacing older teachers with younger ones will increase productivity; (3) less productive teachers are most likely to take early retirement; and (4) replacing a high-priced teacher with one who makes less will save schools money. The realities are that the average age of retirement without such a plan is often several years younger than 65, that most of the teachers taking early retirement seem to be the best and most productive employees, and that cost savings are realized only when the employee is not replaced and no stipend is given to the early retiree. (DC)
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A
Identifiers: Early Retirement; PF Project