Ending Mandatory Retirement for Tenured Faculty : The Consequences for Higher Education.

ENDING MANDATORY RETIREMENT FOR TENURED FACULTY -- Copyright -- Contents -- Preface -- Acknowledgments -- Executive Summary -- THE ADEA EXEMPTION -- 1 Introduction: Faculty Retirement and Age Discrimination -- TENURE AND THE FACULTY EXEMPTION -- Tenure in Higher Education -- Age Discrimination in Employment Act and Its Amendments -- THE COMMITTEE'S STUDY: SCOPE AND ISSUES -- The Committee's Activities -- Issues and Report Structure -- Faculty Retirement Behavior and Turnover -- Tenure, Performance Evaluation, and Aging -- Financial and Other Factors Affecting Retirement -- Retirement Incentive Programs -- Eliminating Mandatory Retirement -- 2 Effects of Uncapping on Faculty Retirement -- ESTIMATING THE PROPORTION OF FACULTY WHO WOULD WORK PAST AGE 70 -- Faculty Near Retirement Age -- Faculty Likely to Work Past Age 70 -- Retirement Patterns at Uncapped Colleges and Universities -- Effects of Raising the Age Cap from 65 to 70 -- Conclusions -- VARIATION IN FACULTY RETIREMENT PATTERNS -- ESTIMATING THE EFFECTS OF UNCAPPING AT THREE UNIVERSITIES -- Constant Faculty Size -- Constant Budget -- Constant Hiring -- Analysis of Projected Effects -- Conclusions -- 3 Faculty Performance and Institutional Quality -- EFFECTS OF AGE ON PERFORMANCE -- Overall Abilities and Age -- Measuring Faculty Performance -- Teaching and Age -- Research and Age -- Changing Interests and Age -- Conclusions -- EVALUATION OF FACULTY MEMBERS -- THE EXTREME CASES: FACULTY DISMISSAL -- 4 Pensions, Retirement Programs, and Costs -- PENSIONS -- Goals -- Types of Pension Plans -- Defined Contribution Plans -- Defined Benefit Plans -- Hybrid and Target Benefit Plans -- Incentives to Postpone Retirement -- Conclusions and Recommendations -- The Need for Inflation Protection and Secure Income -- HEALTH BENEFITS -- CONTINUED FACULTY PERQUISITES FOR RETIREES -- RETIREMENT PLANNING.

5 Retirement Incentive Programs -- TYPES OF FORMAL PROGRAMS -- COSTS AND BENEFITS OF FORMAL PROGRAMS -- INDIVIDUAL BUYOUTS -- CONCLUSIONS AND RECOMMENDATIONS -- 6 Conclusions and Recommendations -- EFFECTS OF ELIMINATING MANDATORY RETIREMENT -- Two Key Conclusions -- Consequences for Institutions and Faculty -- RETIREMENT POLICIES -- Retirement Incentive Programs -- Pensions -- Health Benefits -- Faculty Perquisites for Retirees and Retirement Planning Assistance -- THE ADEA EXEMPTION -- Appendix A Description of Study Methods -- ACTIVITIES RELEVANT TO ALL AREAS OF THE STUDY -- FACULTY DEMOGRAPHICS AND RETIREMENT BEHAVIOR -- FACULTY AGING, PERFORMANCE EVALUATION, AND TENURE -- FINANCIAL AND LEGAL ISSUES -- Appendix B Discussion of National Faculty Data Bases -- THE SURVEY OF DOCTORATE RECIPIENTS -- NATIONAL SURVEY OF POSTSECONDARY FACULTY -- COMPARISON OF THE NSOPF AND SDR -- HIGHER EDUCATION RESEARCH INSTITUTE FACULTY SURVEY -- RECOMMENDATIONS FOR FUTURE FACULTY SURVEYS -- Appendix C Characteristics of Institutions and Faculty -- Appendix D Biographical Sketches of Committee Members and Staff -- References.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.