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Factors Associated with Employees’ Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities

Tolos, Habibah and Abu Bakar, Arpah and Owollabi Yusuf, Muhammd Bashir (2014) Factors Associated with Employees’ Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities. Journal of Business Management and Accounting (JBMA), 4. pp. 31-44. ISSN 2231-9298

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Abstract

This study examines the factors that influence public sector employees in making a decision to enroll in either one of the two types of mandatory retirement plans. A survey of 348 Malaysian public universities employees was conducted, and the data obtained were analyzed using a logistic regression model. The results show that knowledge, plan feature, sources of retirement income, health status, job mobility, and extending work are the contributing factors of the choice of the retirement plan. Apart from extending the extant literature on retirement plan, this study provides further understanding of the employees’ retirement decision in a different scenario of retirement systems.

Item Type: Article
Uncontrolled Keywords: Choice, pension plan, employee provident fund (EPF), defined benefit plan, defined contribution plan.
Subjects: H Social Sciences > HB Economic Theory
Divisions: College of Business
Depositing User: Mr. Che Hasan Hashim
Date Deposited: 13 May 2019 01:45
Last Modified: 13 May 2019 01:45
URI: https://repo.uum.edu.my/id/eprint/25910

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