Recruitment, Retention and Retirement:The Three R's of Higher Education in the 21st Century (2004)

April 2004 |

Preliminary Conference Agenda
By Invitation Only

Thursday, April 1, 2004

8:00 am - Continental Breakfast

8:30 am - Welcome

Madeleine d'Ambrosio
Executive Director, TIAA-CREF Institute

9:00 am Session One: Why We Are All Here

Changing Faculty Demographics and the Need for New Policies
Abstract | Full Paper(PDF)

Robert L. Clark, Professor of Business Management and Professor of Economics, North Carolina State University

Professor Clark set the stage, presenting national data on trends in hiring, retirement rates, and on the changing age structure of university faculties. He looked at how past hiring patterns and changes in human resources policies have altered present faculty characteristics, highlighting the implications for institutions' recruitment, retention and retirement strategies and decisions.

9:45 am Session Two: Recruiting New Personnel

This session examined emerging alternatives to the typical hiring and career paths of faculty in the past. These alternatives offer institutions with opportunities to reduce some of the costs related to hiring faculty who are tenured for life. The alternatives also have implications for the provision of employee benefits, including retirement plans and health plans. The hiring of tenure track faculty is not going away, but change is underway and must be considered in planning for the future.

The Changing Nature of Employment Contract
Abstract | Full Paper(PDF)

Ronald G. Ehrenberg,Irving M. Ives Professor of Industrial and Labor Relations and Economics, Cornell University and Director of the Cornell Higher Education Research Institute

Liang Zhang, Ph.D. Student in Economics and Research Assistant at the Cornell Higher Education Research Institute

The Growing Postdoc Population at U.S. Research Universities
Abstract | Full Paper(PDF)

Jennifer Ma, Senior Research Fellow, TIAA-CREF Institute

Paula E. Stephan, Professor of Economics, Andrew Young School of Policy Studies, Georgia State University

Discussant: Richard B. Freeman, Herbert S. Ascherman Professor of Economics, Harvard University

11:15 am Break

11:30 am Breakout Session I

  • Pros and Cons of Increased Use of Contract Faculty
    Discussion Leader:
    Jack H. Schuster, Professor of Education and Public Policy, Claremont Graduate University
  • Career Prospects of Post-doctoral Fellows
    Discussion Leaders:
    Jennifer Ma, TIAA-CREF Institute and Paula E. Stephan, Georgia State University
  • Recruiting New Faculty to Replace Retiring Faculty: Problems Faced by Liberal Arts and Comprehensive Institutions
    Discussion Leader:
    Jerry Berberet, Executive Director, Associated New American Colleges
  • Impact of Unions on Recruitment
    Discussion Leader:
    Ernst Benjamin, Retired General Secretary and Director of Research, AAUP
  • Pension Plan Investment Choices: The Institutional
    Decision Process - Group I
    Discussion Leaders:
    Scott Evans, Chief Investment Officer, TIAA-CREF
    Brett Hammond, VP, TIAA-CREF
    Martha Peyton, Managing Director, TIAA-CREF

12:30 pm Lunch

1:30 pm Keynote Address

Filling the Gap-Finding and Keeping Faculty for the University of the Future

Molly Broad, President, University of North Carolina

2:00 pm Session Three: The Importance of Retiree Health Plans

This session will examine the increasingly important role health insurance is playing both on the institutional and individual sides of recruitment, retention and retirement decisions. Speakers will provide information and encourage the exchange of ideas about what employers are doing and might do to continue to provide access while managing costs.

Institutional Factors and the Future of Retiree Health Plans
Abstract | Full Paper(PDF)

Sylvester J. Schieber, VP, Watson Wyatt Worldwide

Impact of Retiree Health Plans on Faculty Retirement Decisions
Abstract

John Rust, Professor of Economics, University of Maryland

Discussant: Deborah A. Freund, Vice Chancellor and Provost for Academic Affairs and Professor of Public Administration, Syracuse University

3:30 Break

3:45 pm Breakout Session II

  • Cost Implications of Providing Retiree Health Insurance
    Discussion Leader:
    Barbara McNeil, Professor of Health Care Policy, Harvard University
  • Changing Nature of Health Insurance for Active Faculty
    Discussion Leader:
    John L. Palmer, University Professor, Syracuse University, and Public Trustee for Medicare and Social Security
  • Pension Payouts Flexibilities for Phased Retirement
    Discussion Leader:
    Edward Moslander, VP, TIAA-CREF
  • Employee Benefits in a Collective Bargain Environment
    Discussion Leader:
    Deborah Bell, Executive Director, Professional Staff Congress at CUNY
  • Pension Plan Investment Choices: The Institutional
    Decision Process - Group I
    Discussion Leaders:
    Scott Evans, Chief Investment Officer, TIAA-CREF
    Brett Hammond, VP, TIAA-CREF
    Martha Peyton, Managing Director, TIAA-CREF

4:45 pm Panel Discussion: Institutional Research and the Need for Data

This session will discuss how important it is for institutional decision makers to formulate plans based on quantification and analysis of hiring and retiring patterns on campus. Sources of data will be identified and ways to collect additional data will be discussed.

Moderator: Deborah A. Freund, Syracuse University

Panelists:

Michael A. Baer, Senior VP, Programs and Analysis, American Council on Education

Charlotte Kuh, Deputy Executive Director, the Office of Policy and Global Affairs, National Academies of Sciences

David E. Shulenburger, Provost and Professor of Business, University of Kansas

Richard R. Spies, Executive VP for Planning/Senior Advisor to the President, Brown University

6:00 pm Reception

Remarks by Herbert M. Allison, Jr. Chairman, President, and CEO, TIAA-CREF

Friday, April 2, 2004

8:00 am Continental Breakfast

8:30 am Session Four: Phased and Early Retirement

With the end of the mandatory retirement in 1994, many universities and colleges have resorted to other means to encourage retirement-age faculty members to retire. This session will examine the use of several retirement incentives such as early and phased retirement programs among universities. This session will also examine the impact of these programs on faculty retirement patterns.

The Value of Phased Retirement
Abstract | Full Paper(PDF)

Steven G. Allen, Associate Dean College of Management and Professor of Business Management and Professor of Economics, North Carolina State University

Faculty Retirement Policies of Colleges and Universities
Abstract | Full Paper(PDF)

John H. Pencavel, Pauline K. Levin, Robert and Pauline C. Levin-Abraham Levin Professor in Humanities and Sciences and Professor of Economics, Stanford University

Discussant: Joseph F. Quinn, Dean of the College of Arts and Sciences and Professor of Economics, Boston College

10:00 Break

10:15 Breakout Session III

  • Medicare Policy, National Health Care Trends, and The Impact on Employer-Provided Health Insurance
    Discussion Leader:
    Mark V. Pauly, Bendheim Professor; Professor of Health Care Systems, Business and Public Policy, Insurance, and Risk Management, and Economics, University of Pennsylvania
  • Costs and Benefits of Early Retirement Plans
    Discussion Leader:
    John B. Shoven, Charles R. Schwab Professor of Economics and former Dean of Arts and Sciences, Stanford University
  • Importance of Retiree Health Insurance to Phased and Early Retirement Plans
    Discussion Leader:
    Ronald W. Frisch, Associate Vice Chancellor, University of Pittsburgh
  • Legal Constraints on Early and Phased Retirement Plans
    Discussion Leader:
    Robert Abramowitz, Partner, Morgan, Lewis & Bockius, LLP

11:15 pm Concluding Session: Defining an Action Agenda

12:00 pm Conference Ends

© 2014 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017