ERIC Number: ED295507
Record Type: RIE
Publication Date: 1987-Nov
Reference Count: 0
Early Retirement Programs for Faculty: A Survey of Thirty-Six Institutions, 1987.
Hanson, Katharine H.; Merrill, Lyri
A survey of current early retirement programs and faculty age distributions was conducted among 23 colleges in the Consortium on Financing Higher Education and 13 universities in the Association of American Universities. Tabular data and narrative descriptions are presented in two major sections. The first section presents data on the number of people eligible for basic retirement benefits, those currently receiving them, and methods of predicting the number of future recipients. Information is also provided on normal and average retirement ages at participating schools; the type of retirement environment enjoyed by retirees; and the degree to which the costs, both direct and embedded, of current faculty retirement benefits are understood. The second section presents a summary of current early retirement plans at participating schools. The topics discussed include: options of the various policies; the number of people retiring under the plans; perquisites given to early retirees; evaluations of the plans in fulfilling institutional goals; and assessments of the financial costs of the plans. A list of contact people and an annotated bibliography (67 references) are also provided. (KM)
Descriptors: Age Differences, Aging in Academia, Annotated Bibliographies, College Faculty, Colleges, Early Retirement, Educational Finance, Higher Education, Money Management, Older Adults, Prediction, Questionnaires, Retirement, Retirement Benefits, Surveys, Teacher Retirement, Tenured Faculty, Universities
Consortium on Financing Higher Education, Suite 500, 238 Main Street, Cambridge, MA 02142.
Publication Type: Reports - Research; Tests/Questionnaires
Education Level: N/A
Authoring Institution: Consortium on Financing Higher Education, Cambridge, MA.