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November 29, 2009

PostDocs and Retirement- What?: Yes, an Internationally portable Retirement from EMBO!

Postdocs and Retirment is an odd combination, it doesn't
go well with postdocs. Over the past decades, the wested interests and
bigots in academic/instituitional circles created and placed various policies in place to keep the postdoc out of "employee's" tag?.

Oh yea, if you are not an employee, you will not be considered for retirement benefits?. Wait, if you are a PostDoc, you are neither an employee nor a student but you are a decorated "fellow" "trainee", kind of an apprentice. You spent about 30 years going thro college, higher ed and doctoral training, half of your life in the school and lab is not just enough folks!?.

Anyways, unionization of postdocs in US and Canadian universities is changing these redundant policies and practices in the academic circles besides some universties voluntarily realizing these limitations and are changing policies. At this juncture, I read the following news, it sounds like one of the great music to my ears. Yes, EMBO, the european molecular biology fellowship organiztion, one of the most prestigious and adequately funded PostDoc programe is creating a Portable Retirement plan that a PostDoc can carry accross continents and countries, how Sweet!.

Pensions for postdocs

Posted by Edyta Zielinska

[Entry posted at 19th August 2009 09:48 PM GMT]

View comments(5) Comment on this news story

Postdocs funded by the European Molecular Biology Organization (EMBO) will soon have a better way to save for retirement.

The organization this month announced the creation of an internationally portable pension plan for the 400 or so recipients of EMBO postdoc fellowships.

Image: Wikimedia Commons

In most European countries, scientists can pay part of their salaries into a country-run pension program. However, for Jan Taplick, who started his scientific training in Germany but traveled to Vienna for his PhD and Israel for his postdoc, the inability to transfer retirement savings from one government plan to another made saving impractical. By the time they settle into permanent employment in one country, scientists may be "35 or 40 [years old] before they start paying into a state system," which is a late start for retirement savings, said Taplick.

Featured Post

Univerisity of Washington PostDocs Forming Union- Latest University PostDocs to Unionize!

University of Washington, yet another top notch higher education/research institute known for an impressive history and record setting, rig...

UNION yes!!! www.2110uaw.org/gseu/

UNION yes!!! www.2110uaw.org/gseu/
Hello Grads-Say Yes to Union!

PRO/UAW Site

http://www.prouaw.org/home/home.php
Here is the PostDoc Wheel of PRO/UAW, this is like the Wheel of Dhamma of Lord Buddha's that is a symbol of justice and liberation. The latest news from PRO/UAW is very promising to the 5000 or more postdocs in different campuses of University of California System.
PRO/UAW

The Union for Postdoctoral Researchers at the University of California
PRO/UAW is the Union for over 5,000 Postdoctoral Researchers at the University of California. By signing up a majority of Postdocs, we can exercise our legal rights to bargain with UC. Postdoc representatives we choose will survey us to determine priorities and will then negotiate a contract with UC. We can negotiate for improvements in wages, hours, benefits, and terms and conditions of employment. Postdocs will then have an opportunity to democractically approve the agreement that UC and our bargaining team reach, before it becomes a binding contract.