AN EMPIRICAL SURVEY OF THE RETIREMENT PROBLEMS IN ABIA STATE (NIGERIA) CIVIL SERVICE: A STUDY OF ABIA STATE LOCAL GOVERNMENT SERVICE COMMISSION

Abstract

Disengagement from employment is inevitable and must happen at a point in time of an employee’s work-life. Planning for it is important. The study focused on retirement problems in Abia State Civil Service (A study of Abia State Local Government Service Commission). The objective sought to assess the impact of retirement planning in the Abia State Local Government Service Commission, ascertain the effect of retirement income in the Abia State Local Government Service Commission, and analyze the challenges facing retirement policies in Abia State Local Government Service Commission. This paper employed a survey research design using both primary and secondary data. The total number of Civil Servants in the state at the time of this study was 8,966 (Abia State Civil Service Commission). The sample size of 383 is derived from the Taro Yamane formula. The research adopted the purposive sampling technique and employed an ANOVA test and regression model to test the hypotheses of the study. The findings show that there is a significant impact of retirement planning on the Abia State Local Government Service Commission. Secondly, poor government benefits were identified as the challenges facing retirement policies in Abia State Local Government Service Commission. The study concluded that there is a significant effect on retirement income in Abia State Local Government Service Commission p-value = 0.005 < 0.05% significance level. The paper recommended that retirement counselling must be taken into cognizance, the challenges facing retirees helping them to increase personal control over their behaviour that could cause them health conditions that may lead to death.