RETIREMENT PROXIMITYS ROLE IN THE PREDICTION OF SATISFACTION IN ACADEME

As of January 1, 1994, the Amendments to the Age Discrimination in Emp loyment Act eliminated mandatory retirement of college faculty. This c hange allowed faculty to schedule their retirement in accordance to a personal timetable and not necessarily by chronological age. This stud y proposes a conceptual model of faculty satisfaction as applied to th ree subgroups, defined by the number of years until voluntary retireme nt from academe. Findings suggest the model to be moderately predictiv e in determining the diverse proportions of factors for each group.