Impact of an Early Retirement Program: A Case Analysis of a Community College.Report as inadecuate




Impact of an Early Retirement Program: A Case Analysis of a Community College. - Download this document for free, or read online. Document in PDF available to download.





This case study examines the impact of Early Retirement Incentive Programs (ERIP) on Ohio's two-year public colleges through a single case study analysis at Monticello Community College. Data came from interviews and an examination of college documents. This study specifically sought to address: (1) the financial impact (savings versus costs) of ERIP at the college; (2) the perceived impacts of ERIP on academic matters in the institution; (3) the impact of ERIP on the structure and composition of faculty members; and (4) the problems caused from ERIP implementation. Findings showed that: (1) early retirement has a net present value, indicating that the program is financially feasible; (2) there is no evidence that any savings generated by ERIPs were invested in classroom facilities or equipment; however, college programs have been maintained and class size has not risen significantly; (3) there has been no substantial change to the structure and composition of the faculty, primarily due to restrictions on the administration from the faculty's collective bargaining agreement; and (4) administrators experienced reduced flexibility in regards to staffing due to restrictions imposed by the State Teachers Retirement System (STRS). (Contains 17 tables, 15 appendices [including the interview questions], and 92 references.) (KP)

Descriptors: College Faculty, Community Colleges, Early Retirement, Educational Finance, Employment Practices, Personnel Policy, Reduction in Force, Retirement Benefits, Teacher Employment Benefits, Teacher Retirement, Two Year Colleges











Author: Roman, Lawrence Allen

Source: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=7125&id=ED463016







Related documents