ERIC Number: ED364156
Record Type: Non-Journal
Publication Date: 1992
Reference Count: N/A
College and University Employee Retirement and Insurance Benefits Cost Survey, 1992.
Teachers Insurance and Annuity Association, New York, NY. College Retirement Equities Fund.
This report, the eighth in a regular biennial survey series, provides standardized comparative information on expenditures by colleges and universities for employee retirement and insurance benefits in 26 tables and 5 charts. The data, collected in 1992 from 577 institutions, reflect information supplied for either fiscal or calendar year 1981. They are displayed to show the following: distribution of employer retirement and insurance expenditures; types of expenditures; retirement and insurance expenditures by institutional category; retirement and insurance expenditures by region; retirement and insurance expenditures by institutional size; pension, life and health insurance expenditures; payroll deductions; payroll data; and retiree contributions for health care coverage. Study findings showed that the weighted average employer expenditure for retirement and insurance benefits was 21.1 percent of payroll or $6,654 per employee per year; that as a percent of payroll, total employer retirement and insurance expenditures ranged from under 6 percent to 32 percent or more though 70 percent of institutions fell within the narrower range of 14 to 23.9 percent; and that public liberal arts colleges I (Carnegie Classification) reported highest average expenditures. Includes notes on the survey and a copy of the survey questionnaire. (JB)
Descriptors: Employees, Expenditures, Fringe Benefits, Health Insurance, Higher Education, Insurance, Private Colleges, Professional Education, Public Colleges, Retirement Benefits, Tables (Data)
TIAA-CREF, 730 Third Ave., New York, NY 10017--3206 ($5 postpaid).
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Teachers Insurance and Annuity Association, New York, NY. College Retirement Equities Fund.