Retirement benefits for adjunct faculty
Some adjuncts appear to be unaware of their eligibility to participate in a retirement savings plan at the college or university where they work.
Previous TIAA Institute research found that over a third of adjunct faculty had not saved for retirement in the previous year. Among these non-savers, 74% indicated they either had no plan available from their employer or were unsure whether they did, and 58% reported they likely would have contributed had a plan existed. To gauge the actual extent of retirement savings plan coverage for adjunct faculty, this report presents follow-up research on plan availability and eligibility requirements across higher education.
The research findings are based on an online survey conducted in August and September 2019. Participants included 16 higher education systems and 105 institutions that are not part of a system. Private nonprofit colleges and universities accounted for 78 participating institutions. Public higher education accounted for the other 27 institutions, along with the 16 systems.
Sign up for the TIAA Institute Newsletter
Get the latest research and insights straight to your inbox