The daily Nebraskan. ([Lincoln, Neb.) 1901-current, October 05, 1984, Page Page 2, Image 2
Friday, October 5,1984 Page 2 Daily Nebraskan Plan calls for early NU retirement By Brad Gilford Dally Nebraskan Staff Writer A full-benefit, early retirement plan for NU faculty would save the state money by decreasing the number of higher-paid, te nured members, according to a UNL personnel services spokes man. LB426 would allow NU to start such a program. Guy Ames, a lobbyist told the Nebraska State Legislature's Retirement Systems Committee that after a first-year cost increase, an early retirement system would be less expensive than the current one. An NU program would allow faculty members to retire before 65 with full benefits, Ames said. Costs would rise the first year if teachers under 65 retired. As more young people were hired at about half the salary of the former teachers, payroll savings would more than offset the pension in crease. Preliminary concepts have been developed, Ames said, but more research on the characteristics of this year's faculty Is needed. Eric Will, legislative aid to absent committee member Vard John son, said Johnson wants a gen eral bill passed rather than one that outlines a specific program. He would also like to have the money appropriated before de signing the system to avoid wast ing research. "There isn't any reason why the Legislature shouldn't enact legis lation of this type," Will said. Will backed his statement with a historical explanation. As post-secondary enrollment increased in the 1960s, more fa culty positions opened and were filled. Enrollment today is lower, but faculty numbers are still high, and a majority are tenured. The program would not force early retirement. It would give the university greater flexibility, Will said. Teachers in an area of declin ing demand could move on to another school or pursuit with out penalty, which would free funds for increased faculty in high demand areas, he said. Teachers suffering from "burn out" could also retire early with out having their pensions docked, opening the door for fresh, young replacements, Will said. Employees contribute to retirement By Dorothy Pritchard Daily Nebraskan Staff Writer UNL is one of 3,500 colleges in the country that uses the Teachers Insurance Annuity Association and College Retirement Equities Fund for its faculty-retirement plan. TIAA-CREF is a non-profit or ganization in which employees contribute 6 percent of their salary and the university contri butes 7 percent, according to Gregory Clayton, manager of In sured Benefits and Retirement at UNL. "The total contribution plus in terest over the years buys an annuity, which provides an in come for the retired employee," Clayton said. Most NU employees retire at age 65, the set retirement age. But early retirement is at age 55, with 1 0 years of service, and man datory retirement comes at age 70. Retired faculty are allowed to stay on the university's health care group plan, which includes dental and medical care, but they must pay the full costs. The uni versity does not make any con tribution. Individual counseling is offered through the department of In sured Benefits and Retirement. Here, the employee can get help dealing with financial issues as well as issues like what to do with the extra leisure time they'll have. "The employee goes from work ing a full eight-hour day to having a lot of spare time, so it's impor tant to have hobbies," Clayton said. In addition to this individual counseling, a TIAA-CREF repre sentative speaks twice a year to present and retiring employees on financial issues. According to "The Chronicle of Higher Education," a recent sur vey shows that "only 28 percent of all colleges and universities provide pre-retirement counsel ing for their employees." A student bites a teacher. The school psychologist goes berserk The substitute teacher is a certified lunatic. And students graduate who can't read or write. It's Monday morning at JFK High. VLdmnhte-W i I, ' . If I ' .:c f ' ' "" ' 51 S ? - . . '' I " 1 I I A : ( 1 fn V " XJ ' 9 M 1 if p TEACHERS United Artisij Praroti A AARON RUSSO Production An ARTHUR KILLER Film sunin, NICK NOLTE JOBETH WILLIAMS -JUDD HIRSCH RALPH MACCHIO "TEACHERS" ALLEN GARFIELD LEE GPANT- RICHARD MULLIGAN Writing W. R. McKINNEY Muflxx Dnigrttdk RICHARD MCDONALD Dirtttarof Phokigraphy DAVID M. WALSH IZIzmrsr Ekcwm Frabwr IRWIN RLSSO Pradnad AARON RUSSO DbccmI By ARTHUR KILLER SGTWTUCI AVA1LUU OK UCOUSANGCASZTTU fratarag m iMsaic ol ZZ TOP BOS SSCE2 JOE OOCKEX N1GIIT RANGOt-M SPtOAL THE MOTELS rZ2Ll IAN HUNTEX OMAN ISOLUDAY EKIC KLUOIN Be FR1ENCS STARTS OCTOBER 5th AT THEATRES EVERYWHERE V M ilii 4J11 II National and international news from the Reuter News Report Emergency finance act staves off .budget doom WASHINGTON Congress voted emergency financing Thurs day night to end a U.S. government financial crisis that earlier Thursday produced layoffs of some 500,000 non-essential fed eral workers. By a voice vote, the Senate completed congres sional action on a measure to provide temporary government financing for paychecks and programs until Friday night. The bill was sent to President Reagan for approval. The short extension was necessary to give Congress more time to complete work on a $500-billion financing bill to fund most federal services for the current financial year, which began Oct. 1. President Reagan earlier blamed the funding emergency on Democrats. But the opposition party leaders quickly pointed out it was the Reublican-controlled Senate which delayed action until Thursday night on the temporary financing bill. Hundreds of thousands of government workers, who got most of Thursday off, will return to work Friday. The White House Office of management and Budget ordered the non essential workers home earlier with instructions not to return until further notice. Another 2.5 million workers remained on the job. It was the first time since 1981 the government had to briefly shut down non-essential operations because of a budget crisis. Congress is trying to adjourn by Friday night. The emergency spending plan was one of the last major issues to be decided before Congress ends its current two-year session and goes home to campaign for the Nov. 6 elections. One-third of the 1 00-member Senate and all of the 435 members of the House of Representatives are standing for election. Congress reviews FBI security WASHINGTON A congressional committee said Thursday it will follow up the first arrest of an FBI agent on spy charges with an inquiry into the agency's internal security procedures. Washin gton officials were shocked Wednesday by the announce ment Richard Miller, a 20-year veteran of the Federal Bureau of Investigation, had been arrested on charges of passing classi fied documents to a female Soviet KGB operative. Committee officials said they will question avowed FBI pol icy against use of lie-detector tests as a precondition for employment, as well as other bureau guidelines on processing agents for security clearance. The Central Intelligence Agency and the super-secret National Security Agency routinely require a polygraph test before hiring an employee. The FBI charged Miller handed over secret documents in a plot involving a Russian couple who immigrated to the United States in 1973 and allegedly were covert KGB agents. The FBI said Miller sought $50,000 in gold and $15,000 in cash for the documents, and that he was believed to have had a sexual relationship with the 34-year-old Svetlana Ogorodnikov. Vietnam willing to free, prisoners GENEVA Vietnam has agreed to permit detainees held in re-education camps to leave for the United States if the U.S. is willing to take all of them, Vietnamese Assistant Foreign Minis ter Le Mai said Thursday. The minister did not say how many people were involved, but the Reagan administration has said there are about 10,000 people being held as political prisoners. Hanoi has repeatedly said there are no political prisoners in the country. In Washington, a State Department official said the Vietnam statement did not appear to be a new position, although he said Washington had received no report yet from U.S. officials in Geneva on whether progress was made at Thursday's meet ing. The official said Vietnam's public statement did not respond to the U.S. effort to work out some procedure to assure America would accept only re-education camp prison ers and not other kinds of prisoners. "We are quite prepared to accept all of them (re-education camp prisoners)," said the official, vho did not want to be named. But he added, "Basically we have said to them repeat edly we have to work out a procedure to identify the people involved." Picasso and Dali works snatched MARVELLA, Spain Art thieves made off with almost 200 works by Pablo Picasso and Salvador Dali valued at nearly $600,000 from a yacht here, police said Thursday. They said the paintings and etchings, many of them small, were stolen Mon day from the yacht Latina docked in port. The works of art were under guard awaiting removal for a private showing. Pupils protest party provisions NORMAL, III. - Police Thursday queUed a riot by about 1,000 coxlege students who went on a rampage to protest city laws designed to curb beer busts. Four people were arrested near the IJmois State University campus after a telephone booth was destroyed, street signs were torn down and rocks and bottles were hurled at police. The disturbance began as a protest march on City Hall Wed nesday night and ended early Thursday after police tossed tear gas into the crowd. Police said the protest apparently was sparked by tjvo new town ordinances. One requires parties with more than 300 people to be fenced in and equipped with one bathroom for every 75 attendees. The second prohibits the sale or transpor- mtaon Rya ui yetT axxcr iu p.m.