An investigation of Local Government Authorities employees’ attitudes towards retirement

Zonga, Salma Haji (2013) An investigation of Local Government Authorities employees’ attitudes towards retirement. Masters thesis, The Open University of Tanzania.

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Abstract

This study was undertaken to investigate the local government employees’ attitude towards retirement. The specific objectives were: (i) to identify the attitudes of local government workers towards retirement (ii) to find out whether there is a difference in attitude towards retirement between female and male employees; and (iii) to find out whether there is a difference in attitude of employees towards retirement across age, income, marital status, education, and time to retirement categories. The study utilized descriptive survey based on 50 employees conveniently sampled out of Kinondoni Municipal Council’s healthcare employees at Mwananyamala Regional Referral Hospital. Data analysis was carried out by comparing means of mean scores on attitudinal statements using independent sample t- test and one way ANOVA. The results indicate that employees view retirement as a fact of life, an attainment of self actualization and it is worthwhile if one plans well for it. They are even willing to offer themselves for seminar and counseling opportunities as a way forward to learn and prepare for it. Moreover, the study finds significant differences in attitudes towards retirement across age, time to retirement, level of education and level of income categories (p< 0.1) Basing on these findings, it was concluded the overall attitude of local government authority employees is generally positive, but vary with such socio-demographic variables. Basing on the results of this study, there is a need to develop coherent and holistic policy of pre and post retirement training and counseling for employees. Such policies will not only improve the overall attitude of workers towards retirement but also enhance their preparations towards challenges of post retirement life. It is therefore recommended that the Local Government Authorities should encourage employees to develop themselves academically as well as to adopt better saving habits and income generating activities. Pension schemes also need to have better formulae for pension benefits coupled with robust investment policies so as the returns may support better benefit payment to employees.

Item Type: Thesis (Masters)
Subjects: 600 Technology > 658 Gerneral management
Divisions: Faculty of Business Management > Department of Accounting and Finance
Depositing User: Mr Habibu V. Kazimzuri
Date Deposited: 22 Jan 2016 06:26
Last Modified: 22 Jan 2016 06:26
URI: http://repository.out.ac.tz/id/eprint/972

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