The Behavior of Public Servant Toward Retirement Planning

• Main Author: Nurul Faezah, Mohd Talib
• Format: Thesis
• Language: English; English
• Published: 2014
• Subjects: JF Political institutions (General)
• Online Access: https://etd.uum.edu.my/4026/1/s811839.pdf; https://etd.uum.edu.my/4026/2/s811839_abstract.pdf; https://etd.uum.edu.my/4026/

This study is to examine the relationship between retirements planning behavior programme with the factors affecting the retirement planning behavior among Employee‟s Provident Funds staffs specifically this paper focus to the individual understanding about the important of retirement planning. The study was conducted in the Employees Provident Fund (EPF), North Zone covering Penang, Kedah and Perlis. The respondents consisted of 172 people comprising staff positions including a diverse group of the Professional Management Group until the Support Group working in the organization. This study will use quantitative methods. A set of questionnaire which includes six parts, namely; the factor of self-awareness, the organization roles, the issue of retirement and environmental influences that were distributed to the subjects as well as demographic factors on retirement planning behavior. Pearson Correlation (r), and One-way variance analysis (ANOVA) was used to analyze the data. The results identified that age group, education level and job position not significant with the retirement planning behavior. Besides that, organization roles and environment factors have weak positive relationship with retirement planning behavior. The study also revealed that the awareness among staff personally do not significant relationships with retirement planning behavior. This happen because among people in Malaysia still have lack of knowledge about retirement planning behavior. For future research can be conducted among Civil Servant that contribute pension scheme after retire especially in defence department such as army staffs pension in younger age.