UNIVERSITY OF DENVER UPCOMING RETIREE EVENTS February 20: General Membership Meeting, Reinventing Retirement , Lori Zahn April 20th: Spring Luncheon BOARD MEMBERS Ed Calmus, Chairman Donna Wilson, Vice Chair Kathy Duffy, Secretary Carole Burgess Ruth Fanslow Patricia “Pat” Fisher Jeanette “Jea” King Diane Wendt Pamela “Pam” Whitt DU RETIREES V O L U M E 2 I S S U E 2 F E B R U A R Y , 2 0 1 6 Reinventing Retirement Join instructor and executive coach Lori Zahn as she shares the philosophy, process, and learning outcomes for this integrative program. Lori is an executive coach working with organizational leaders and career professionals, as well as a University College faculty. Lori brings her passion for the third age (retirement) and for working with people to create fulfilling next chapters. Both those who want to move on to the next chapter in their lives where career is no longer the predominant focus, and retirees interested in reinventing their retirement will benefit from his program. Attendees will explore what constitutes a successful third age, build on their sense of purpose and passions, identify personally meaningful forms of engagement outside of work, and explore potential outlets for their experience, skills, and passions. The presentation, parking and refreshments are all free. Date: Wednesday February 17th Time: 3:30 p.m.— Mixer with refreshments and light snacks 4:00 p.m.— Reinventing Retirement Lori Zahn 5:00 p.m.— Door Prize Drawing Place: Gottesfeld Room (Ritchie Ctr) To attend, RSVP by February 10 to: Kathy Duffy (303.660.4979) or email [email protected]. Let Kathy know if you need free parking, and she will send you parking information and a permit. To reach the Gottesfeld Room, take the elevators nearest the West (Main) entrance to the 4th floor. Turn right just pass the reception desk. This hallway will lead you directly into the Gottesfeld Room. PAGE 2 Your new Pioneer Card can also be a smart and secure bank debit card Do You Have A Current Pioneer Card? Have you updated your Retiree Pioneer ID Card? All cards issued before November 17, 2014 have been deactivated. The Pioneer ID Card office is located in Driscoll South, on the lower level. Hours are Monday-Thursday 10:00 a.m.-3:00 p.m. Questions? Call the Pioneer ID Card office at 303.871.4545 or email [email protected]. You will need your new card to participate in the benefits available to card holders. These include library privileges, discounts on athletic events, theatre and musical productions, the Coors Fitness Center, book store discounts and tuition waivers. Your spouse can also get a card, and receive all cardholder benefits. Retirees Sought for Mentoring Program Mentoring is an opportunity for a University of Denver retiree to provide personal, professional, and/or career-related guidance to a fellow staff or faculty member (mentee) seeking such assistance. Many DU staff and faculty are nearing retirement and they could use the added resource of a mentor who has already navigated the retirement process. How does it work? The prospective mentee looks over the list of available mentors and applies to receive a mentor. A Volunteer Mentor Helps Guide a Future Retiree Prior to the first mentoring meeting, HR’s People Development team provides some guidelines and suggestions to help get the mentoring relationship off to a good start. Because each mentoring relationship is different, there is no mandated number of meetings. Typically, most mentoring relationships meet for at least three sessions spread out over a few months. If you would like to become a mentor, review all the information available on the website http://www.du.edu/human-resources/peopledevelopment/mentor-team-accountability-programs.html. This should give you a pretty good sense of the program. Then simply complete the online mentor application (https://udenver.qualtrics.com/SE/? SID=SV_0kQYPnAGSNfl0b3) and submit a jpg photo of yourself to Greg Giesen, manager of employee development, at [email protected]. Once your application and photo are received, a member of the People Development team will contact you with next steps. VOLUME 2 ISSUE 2 PAGE 3 ACE Conference Focuses on Faculty Retirement On January 11 &12, Diane Wendt, DU Retirees Board member, attended an American Council of Education conference entitled “Navigating Retirement Transitions.” The Conference was funded by a grant from Alfred P. Sloan in the interests of surveying, studying and reporting on faculty issues and concerns as they relate to retirement. An overview of faculty retirement patterns is presented in the following Executive Summary written by Paul J. Yakoboski, PhD, Senior Economist, TIAA-CREF Institute: “The retirement patterns of senior faculty are an issue of ongoing interest in higher education, particularly since the 2008-09 recession. If a significant share of tenured faculty works past "normal" retirement age, challenges can arise for institutional leadership focused on keeping the faculty workforce dynamic for purposes of teaching, research and service. Buyout packages and phased retirement programs have been common responses to encourage faculty retirement, but colleges and universities are increasingly interested in alternative and complementary strategies to manage faculty retirement patterns. Tenured faculty age 50 or older can be divided into three groups-35% expect to retire by normal retirement age; 16% would prefer to retire by normal retirement age, but expect to work longer (i.e., they are "reluctantly reluctant" to retire); and 49% would like to and expect to work past normal retirement age (i.e., they are "reluctant by choice"). The key drivers differ between those reluctantly reluctant and those reluctant by choice. Not surprisingly, personal finances a particular barrier for those reluctantly reluctant. Psychosocial factors are the issue with those reluctant by choice. However, one-half to two-thirds of those reluctantly reluctant appear to be assuming a financial barrier given that they have not done a careful evaluation of their retirement finances. A systematic financial review would test such assumptions. An analogous dynamic exists among those reluctant by choice-anywhere from 60% to 90% have not seriously considered what they could do with their time in retirement. Better management of retirement patterns requires addressing the psychosocial. Senior faculty should be enabled and encouraged to systemically evaluate how they could use their time if retired. This would allow a fully informed decision by the individual. This may or may not result in an accelerated time frame for retirement, but it is a prerequisite for one”. Faculty Emerita Nancy Allen Dean Emerita, University Libraries 01/16/2016 Newly Retired Dorothy Lechowicz Edwards Michael Monahan Michael Crean you going to Daniels College of Business Biological Sciences Daniels College of Business- RECM In Memoriam Peter Warren Sheila Wright Clarice Lubchenco “So, what are 01/04/2016 12/31/2015 12/31/2015 do with all your free time now that you are University College Provost’s Office Student Life retired? DU RETIREES FEBRUARY NEWS University of Denver Retirees 2199 S. University Blvd Mary Reed Hall Rm. 421 Denver CO 80208 Vol.2 Issue 2 Free Lamont Concerts (Free Parking Too!) AIR FORCE ACADEMY FALCONAIRES JAZZ BAND February 4, 7:00 pm Gates Concert Hall NO TICKETS NEEDED - NO RESERVED SEATS LAMONT SYMPHONY ORCHESTRA February 11, 7:30 pm James P. Liu, guest conductor Antonio Di Cristofano, piano Gates Concert Hall, 7:30 pm Limited reserved seating in Parterre LAMONT SYMPHONY ORCHESTRA March 8, 7:30 pm James P. Liu, guest conductor DU Honors Competition Winner Gates Concert Hall Limited reserved seating in Parterre For more information, contact Jea King, [email protected], 303-979-1484 Faculty, Staff & Retiree Appreciation Event On Saturday, February 27, join fellow retirees at DU’s Appreciation Event. Free lunch and free basketball tickets. Family members are welcome. Lunch, 12 noon at the Ritchie Center, Gottesfeld Room foyer Basketball, women’s game, 1:00 pm – DU vs Nebraska-Omaha Basketball, men’s game, 4:00 pm – DU vs Eastern Washington Please RSVP by February 20 to Jea King, [email protected], 303-979-1484
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