ERIC Number: ED333838
Record Type: RIE
Publication Date: 1991
Reference Count: N/A
New Choices Facing College and University Pension Funds.
Bernstein, Melvin H., Ed.
This publication presents a collection of essays from top investment thinkers and financial commentators who share their views on the revolutionary retirement plan options now available to college and university employees. The essays were prepared for a conference that was convened by the New England Board of Higher Education in Boston to help interpret the meaning and significance of what has been taking place in the higher education pension and retirement marketplace. Among the essays' topics and general discussions are the following: (1) the broad issues facing pension plan administrators; (2) key areas to consider in providing retirement investments and services to faculty and staff; (3) market timing for university retirement funds; (4) the two new options ("transferability" and "cashability") that are available to participants in the Teachers Insurance Annuity Association-College Retirement Equities Fund (TIAA-CREF) pension system; and (5) several observations about investing and recessions, the attraction of stocks, risks in stocks, comments about balancing portfolios, and market timing and index funds. Included is a discussion of the experience at Tufts University (Massachusetts) in making policy decisions regarding pension plans. (GLR)
Descriptors: Administration, College Faculty, Colleges, Decision Making, Endowment Funds, Higher Education, Investment, Money Management, Resource Allocation, Teacher Retirement, Trusts (Financial), Universities
New England Board of Higher Education, 45 Temple Place, Boston, MA 02111 ($12.00 ea.; non-profit organizations 9 or more copies, $5.00 ea.; others, over 9 copies, $10.00 ea.).
Publication Type: Guides - Non-Classroom; Collected Works - General
Education Level: N/A
Audience: Administrators; Teachers; Practitioners
Authoring Institution: New England Board of Higher Education, Boston, MA.
Identifiers: College Retirement Equities Fund; Pension Plans; Retirement Planning; Teachers Insurance and Annuity Association