To Retire or Not?: Retirement Policy and Practice in Higher Education - Couverture rigide

 
9780812235722: To Retire or Not?: Retirement Policy and Practice in Higher Education
Couverture rigide
ISBN 10 : 081223572X ISBN 13 : 9780812235722
Editeur : University of Pennsylvania Press, 2000

Synopsis

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.

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À propos de l'auteur

Robert L. Clark is Professor of Economics and Business at North Carolina State University. P. Brett Hammond is Director of Corporate Projects at the Teachers Insurance Annuity Association-College Retirement Equities Fund (TIAA-CREF).

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
University of Pennsylvania Press
Date d'édition
2000
Langue
anglais
ISBN 10 
081223572X
ISBN 13 
9780812235722
Reliure
Relié
Nombre de pages
192
Éditeur
Clark Robert L., Hammond P. Brett
Coordonnées du fabricant
non disponible
Personne responsable
non disponible