FACTORS IN THE RETIREMENT DECISIONS OF PUBLIC SCHOOL WORKERS IN ANAMBRA STATE

Abstract

This study examined those factors that make public school workers to retire in
Anambra State. Three research questions guided the study. A descriptive survey research design
was adopted for the study. The population of the study comprised 350 public school retirees (180
males and 170 females) drawn from Anambra State. A census sampling technique was adopted for
the study. The retirees were randomly selected during one of their verification exercises and used
for the study. The instrument for data collection was structured as the Retirement Decision of
Public School Workers’ Questionnaire (RDPSWQ), which was analysed using frequency count,
ranking, and simple percentage to ascertain the nature of public school workers’ retirement, the
pattern of retirement decision as well as to indicate the determinants of retirement decisions among
public school workers respectively. The study's findings revealed, among other things, that all the
factors outlined as determinants of retirement decisions were significant, with the most significant
determinant being normal retirement due to employment conditions. It was recommended, among
other things, that the Government should design and repackage pension benefit schemes to be more
flexible and adaptable to change in an evolving society like ours.