We are pleased to provide you with this email service that presents information about TIAA-CREF Institute research, periodicals, programs, partnerships, and other initiatives. Links to more detailed information on the Institute web site are offered should you wish to learn more.
We welcome the opportunity to add groups or individuals to our mailing list. To do so, please send names and email addresses to be added to aollen@tiaa-cref.org.
The TIAA-CREF Institute, established in 1998, is a trusted source of objective, relevant research and helps individuals and institutions make informed decisions about lifelong financial security and higher education issues. The Institute provides access to a network of experts to help anticipate trends, develop future strategies and solutions and maximize opportunities for success.
Resources developed to support strategic planning and decision-making by higher education leaders. The Series on Higher Education includes forums, DVDs, books, and other publications focused specifically on issues of critical importance to America’s colleges and universities.
Managing Higher Education in Uncertain Economic Times
Read a summary of a dialogue among senior-level campus administrators, leading academic researchers studying higher education issues, and TIAA-CREF leadership focused on continuing to fulfill the mission of higher education during troubled economic times. This TIAA-CREF Institute Fellows Symposium explored ways to reduce costs while improving quality, the causes and implications of price changes in higher education, strategic management of human resources, reforming delivery on the business side of higher education, endowment management, and fund raising best practices. (Learn more about the TIAA-CREF Institute Fellows Program on the Institute’s web site.)
(Authors: Valerie Martin Conley, Ohio University, and TIAA-CREF Institute Fellow; and Paul Yakoboski, TIAA-CREF Institute)
Resources developed to help individuals and their advisors make better financial and strategic decisions for themselves and/or their institutions. The Series on Financial Security includes forums and publications focused specifically on issues related to financial planning for retirement and other goals, employer-provided retirement plans and other benefits, and other issues that affect budgets and balance sheets.
Engaging New Hires to Invest in Their Financial Security
A TIAA-CREF Institute Fellows Symposium of senior-level higher education administrators, academic researchers, and TIAA-CREF leadership was convened to discuss the challenge of motivating new employees at colleges and universities to begin saving for retirement. This summary examines the new hire experience on campus; the latest thinking on how individuals make decisions and move to action; and best practices to engage new hires in saving for retirement. The Symposium reflected a range of perspectives, including those of the provost’s office; marketing, sociology, psychology, and human resources.
(Author: Paul Yakoboski, TIAA-CREF Institute)
The Role of “Personality Type” in Motivating Women to Plan for Retirement
Focus group results provide suggestions for “messages” to help motivate retirement savings among baby boom-age women who reveal specific preferences or tendencies in terms of risk tolerance and savings-related behaviors. While surveys have compared genders with regard to financial planning attitudes and practices, women are not homogeneous and it can be helpful to consider differing personality types and how they affect retirement planning.
(Author: Jean M. Lown, Utah State University)
Best Practice Benchmarks for Public Sector Defined Contribution Plans
What are the strengths and weaknesses of plan design that may affect the ability of a plan to achieve the objective of providing adequate and secure income? The authors offer ideas for obtaining better results and flexibility from retirement plan designs.
(Authors: Roderick Crane and Michael Heller, TIAA-CREF; and Paul Yakoboski, TIAA-CREF Institute)
The new Fellows are:
Dr. Sharon Smith, President, University of Pittsburgh at Greensburg
Hofstra's Chemistry and Physics Building was renamed Herman A. Berliner Hall as a result of a Hofstra alumnus and trustee who wanted to acknowledge the Hofstra provost’s positive influence on his career. As a TIAA-CREF Institute Fellow, Provost Berliner authored Attracting and Developing the Next Generation of Senior Administrative Leadership, an Institute Advancing Higher Education publication, and has participated in numerous Institute forums.
The TIAA-CREF Fellows Program builds an alliance with thought leaders in key areas of focus for the Institute, to help the Institute carry out its mission. Institute initiatives undertaken in partnership with Fellows help inform strategic decisions on campus and business planning within TIAA-CREF.
"It's Time to Rethink Our Retirement Plans,"
The Wall Street Journal, November 13, 2008
Op-ed author, Roger Ferguson, Chairman and CEO of TIAA-CREF, asserts that the economic crisis presents an opportunity to bolster pensions and help more Americans achieve financial security. One suggestion is to automatically enroll employees in plans, then hiking savings with pay raises, an approach some higher education retirement plans follow. It may be one reason why 35% of faculty feel very confident in their retirement income prospects, compared with 25% of working Americans, according to a TIAA-CREF Institute study.
Generational Shockwaves – Implications for Higher Education
Part of the TIAA-CREF Institute Series on Higher Education, this book is based on the TIAA-CREF Institute 2007 Higher Education Leadership Conference. It sheds light on managing the melding of generations – Boomers, Generation X, and Millennials – within higher education, and examines relevant risks and opportunities for consideration by campus leaders and researchers.
The book's editors are Donald E. Heller, Professor of Education, Senior Scientist, and Director of the Center for the Study of Higher Education at The Pennsylvania State University and TIAA-CREF Institute Fellow, and Madeleine d'Ambrosio, Vice President and Executive Director, TIAA-CREF Institute.
To request a copy of this book, please send a message with your mailing address to aollen@tiaa-cref.org.
