University of Virginia Library

RETIREMENT OF FACULTY MEMBERS

The President stated that there was now before Congress a proposal to increase Social
Security benefits and, at the same time, open up Social Security to certain categories not now
covered, among such persons would be the faculty members of State supported institutions. He asked
the Board to be thinking about the possibility, should this bill pass, of requiring faculty members
to retire at 65 with annual extension until age 70 to be made in the discretion of the Board.