HEALTHY, WEALTHY, OR WISE: PREDICTING ACTUAL ACCEPTANCES OF EARLY RETIREMENT INCENTIVES AT THREE POINTS IN TIME.

1997 ◽  
Vol 1997 (1) ◽  
pp. 66-70 ◽  
Author(s):  
Seongsu Kim ◽  
Daniel C. Feldman
Keyword(s):  
Early Retirement ◽  
Retirement Incentives

scholarly journals Analysis Of Faculty Retirement Intention: Using A Proportional Odds Model

2011 ◽  
Vol 17 (3) ◽  
Author(s):  
Bahman Bahrami ◽  
Jerome W. Stockrahm
Keyword(s):  
Decision Making ◽  
Early Retirement ◽  
National Sample ◽  
Mandatory Retirement ◽  
Retirement Age ◽  
Factors Affecting ◽  
Retirement Incentives ◽  
Retirement Decisions ◽  
Faculty Retirement ◽  
Expected Retirement Age

This paper uses data from a random national sample of faculty, age 50 and older, and explores factors affecting faculty member's retirement decisions for three expected retirement age categories.  The variables such as end of mandatory retirement, age, current salary, expected others sources of income, early retirement incentives, and years of education have a significant effect on faculty retirement decisions.  An understanding of these factors can help decision making for staffing purposes.

scholarly journals Early Retirement Incentives and Student Achievement

2014 ◽  
Vol 6 (3) ◽  
pp. 120-154 ◽  
Author(s):  
Maria D. Fitzpatrick ◽  
Michael F. Lovenheim
Keyword(s):  
Student Achievement ◽  
Test Scores ◽  
Early Retirement ◽  
Large Scale ◽  
Lower Cost ◽  
Experienced Teachers ◽  
Positive Effects ◽  
Retirement Incentives ◽  
Teacher Workforce

Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower cost newer teachers. Combined with the aging of the teacher workforce, these ERIs are likely to change the composition of teachers dramatically in the coming years. We use exogenous variation from an ERI program in Illinois in the mid-1990s to provide the first evidence in the literature of the effects of large-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with positive effects most pronounced in lower SES schools. (JEL H75, I21, I28, J26, J45)

The Impact of Early Retirement Incentives on Retirees and Their Families

1990 ◽  
Vol 11 (4) ◽  
pp. 424-437 ◽  
Author(s):  
ROMA S. HANKS
Keyword(s):  
Early Retirement ◽  
Work Force ◽  
Future Health ◽  
Personal Efficacy ◽  
Qualitative And Quantitative ◽  
Retirement Incentives ◽  
Force Reduction ◽  
The Impact ◽  
Beliefs About The Future

The widespread use of incentive-based early retirement as a work force reduction strategy during the 1980s introduced uncertainty into a formerly predictable life course event. This study uses qualitative and quantitative data from in-depth focused interviews with 60 families (111 individuals) to examine the impact of early retirement incentives on satisfaction with retirement, personal efficacy of the retiree, and beliefs about the future of long-term careers. Early retirees were satisfied with retirement. Satisfaction was significantly related to health ( p < .03) and expectations for future health and productivity ( p < .04). Spouses were satisfied with retirement but expressed concerns about the retiree's adjustment and their own loss of privacy. Personal efficacy was significantly different for retirees in each of three categories of availability of an alternative to retirement and three categories of reason for retirement.

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