Determinants of Attitude of Civil Servants towards Preparation for Retirement in Ebonyi State.
Abstract
Many studies have examined the attitude of different set of workers toward retirement, but the aspect of factors influencing attitude of civil servants towards preparationfor retirement have been overlooked. Against this background, this study examined employees’ preparedness attitude for retirement; examined the extent to which employee’s educational level, salary/income size, and number of dependentsinfluence preparation for retirement.The study utilized a survey research design and guided by relative deprivation theory. Data were purposively collected in Ebonyi state because of its high incidence of retirement compensation crises. Simple random sampling was usedto select ten ministries and a total of 300 respondents. Data were obtained through the use of questionnaire, and were analyzed using frequency, simple percentages, and incidence index analysis. It was revealed that most civil servants exhibited negative attitude towards preparation for retirement,for instance; greater number of them- 70%were not anxious about preparing retirement plan, they leave by fate, believing that Godwould help them; again, 58% employee were apathetic towards preparation and rarely made adequateretirement plan or program to support a living after retirement. It further revealed that thenegative attitude towards preparation for retirement was determined by low level of employees’education obtained, low salary/ income earned, and high number of dependencesthe employees maintained in their respective households. Therefore,government shouldincrease workers’ salaries, introduced mandatory adult education programe, and organized retirement education to enhance awareness of benefits for retirement plan.
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