Ending Mandatory Retirement for Tenured Faculty (original) (raw)

Abstract

This report discusses whether the special circumstances of tenured faculty in higher education justify a continued exception to the national policy prohibiting age discrimination in employment, and examines a number of practical sters that are available or could be made available to address the problems raised by the elimination of mandatory retirement. Among the topics discussed are: the effects of uncapping on faculty retirement; faculty performance and institutional quality; pensions, retirement prograTs and costs; and retirement incentive programs. Two key conclusions are presanted: (1) at most colleges and universities, few tenured faculty would continue working past age 70 if mandatory retirement is eliminated; and (2) at some research universities, a high proportion of faculty would choose to work past age 70 if mandatory retirement is eliminated. Committee recommendations include suggestions for continuing retirement income; the adoption of NATIONAL RESEARCH COUNCIL

Figures (13)

ENDING MANDATORY RETIREMENT FOR TENURED FACULTY FIGURE 1 Faculty age profiles from three surveys, Note: Summary of Doctcrat Recipients (SDR), National Survey of Postsecondary Faculty (NSOPF), Higher Edu cation Research Institute (HERI).

ENDING MANDATORY RETIREMENT FOR TENURED FACULTY FIGURE 1 Faculty age profiles from three surveys, Note: Summary of Doctcrat Recipients (SDR), National Survey of Postsecondary Faculty (NSOPF), Higher Edu cation Research Institute (HERI).

EFFECTS OF UNCAPPING ON FACULTY RETIREMENT

EFFECTS OF UNCAPPING ON FACULTY RETIREMENT

TABLE 4 Effects of Uncapping Projected by Faculty Flow Models for Three Wniversities. (A, B, C) B, and C and from case study institutions show older faculty earn morv o1 average, but there is little increase between ages 61-65 and 66-70. We hav therefore assumed that faculty in the model who stay past age 70 will ean salaries equal to the average for faculty aged 66-70.) An institution coul continue to hire new faculty at a steady rate regardless of postponed retire ments, which maintains hiring flexibility but increases costs. Lastly, i could choose a policy other than constant budget, salary, or hiring, such a hiring a few more faculty members than it needs to fill openings but hirin; fewer faculty annually than it has hired in past years. Table 4 summarize: the projected effects on each institution in terms of its increased salar costs or decreased hiring in comparison with its salary costs and hirinj projected if no faculty member works past age 70 and faculty size is con staut. This comparison presents the projected decrease in hiring due t& uncapping, but it underestimates the total reductions in hiring expected a university C, which had planned to decrease its faculty size.

TABLE 4 Effects of Uncapping Projected by Faculty Flow Models for Three Wniversities. (A, B, C) B, and C and from case study institutions show older faculty earn morv o1 average, but there is little increase between ages 61-65 and 66-70. We hav therefore assumed that faculty in the model who stay past age 70 will ean salaries equal to the average for faculty aged 66-70.) An institution coul continue to hire new faculty at a steady rate regardless of postponed retire ments, which maintains hiring flexibility but increases costs. Lastly, i could choose a policy other than constant budget, salary, or hiring, such a hiring a few more faculty members than it needs to fill openings but hirin; fewer faculty annually than it has hired in past years. Table 4 summarize: the projected effects on each institution in terms of its increased salar costs or decreased hiring in comparison with its salary costs and hirinj projected if no faculty member works past age 70 and faculty size is con staut. This comparison presents the projected decrease in hiring due t& uncapping, but it underestimates the total reductions in hiring expected a university C, which had planned to decrease its faculty size.

Source: Data provided by National Institutes of Health.

Source: Data provided by National Institutes of Health.

TABLE A-4 Average Faculty Salaries, 1990-1991 (in dollars) Note: Salary figures are based on 2,127 institutions. “Sample too small to be meaningful.

TABLE A-4 Average Faculty Salaries, 1990-1991 (in dollars) Note: Salary figures are based on 2,127 institutions. “Sample too small to be meaningful.

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