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Professor Norman Stein Discusses Part-Time Work for Retirees in the New York Times

Professor Norman P. Stein

July 21, 2014

The New York Times turned to Professor Norman Stein for his thoughts about alternative sources of income for retirees in an article published July 18, 2014. 

As reported in the article, many retirees are seeking alternative forms of work to supplement their retirement savings. Some of these opportunities exist in the tourism and hospitality space, where retirees are free to travel and work on a part-time basis, the Times reported.  Stein cautioned those seeking such opportunities, however.  Although they appear ideal to retirees because of their perceived freedom and flexibility, Professor Stein said such arrangements are actually more likely to benefit employers rather than employees.  “The part-time hours are flexible from an employer’s perspective, not an employee’s,” Stein claimed. 

Professor Stein is a nationally recognized authority on pension and tax law, Stein co-organized a Drexel Law Review symposium held at the law school in October 2013 that took a historic view of ERISA (the Employee Retirement Security Act) 40 years after its passage into law.

His recent scholarship includes "Equity in the Distribution of Tax Preferences for Pensions: Capping the Amount Allowable in Tax-Preferenced Retirement Plans" (with John A. Turner), which appeared in Florida Tax Review, and "Defined Contribution Plans with Very Large Individual Account Balances," (with John A. Turner and David D. McCarthy), which appeared in The Journal of Retirement.