Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities
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...
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Format: | Article |
Language: | English |
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UUM PRESS
2014-12-01
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Series: | Journal of Business Management and Accounting |
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Online Access: | https://e-journal.uum.edu.my/index.php/jbma/article/view/8877 |
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author | Habibah Tolos Arpah Abu Bakar Muhammad Bashir Owolabi Yusuf |
author_facet | Habibah Tolos Arpah Abu Bakar Muhammad Bashir Owolabi Yusuf |
author_sort | Habibah Tolos |
collection | DOAJ |
description |
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.
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first_indexed | 2024-03-11T10:23:43Z |
format | Article |
id | doaj.art-7929bddd45bf4e6491006a6e002e2ed7 |
institution | Directory Open Access Journal |
issn | 2231-9298 2636-9249 |
language | English |
last_indexed | 2024-03-11T10:23:43Z |
publishDate | 2014-12-01 |
publisher | UUM PRESS |
record_format | Article |
series | Journal of Business Management and Accounting |
spelling | doaj.art-7929bddd45bf4e6491006a6e002e2ed72023-11-16T03:16:35ZengUUM PRESSJournal of Business Management and Accounting2231-92982636-92492014-12-01410.32890/jbma2014.4.0.8877Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public UniversitiesHabibah Tolos0Arpah Abu Bakar1Muhammad Bashir Owolabi Yusuf2School of Economics, Finance and Banking, College of Business Universiti Utara MalaysiaSchool of Economics, Finance and Banking, College of Business Universiti Utara MalaysiaSchool of Economics, Finance and Banking, College of Business Universiti Utara Malaysia 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. https://e-journal.uum.edu.my/index.php/jbma/article/view/8877Choicepension planemployee provident fund (EPF)defined benefit plandefined contribution plan |
spellingShingle | Habibah Tolos Arpah Abu Bakar Muhammad Bashir Owolabi Yusuf Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities Journal of Business Management and Accounting Choice pension plan employee provident fund (EPF) defined benefit plan defined contribution plan |
title | Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities |
title_full | Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities |
title_fullStr | Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities |
title_full_unstemmed | Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities |
title_short | Factors Associated with Employees' Choice of Mandatory Retirement Plan: The Case of Malaysian Public Universities |
title_sort | factors associated with employees choice of mandatory retirement plan the case of malaysian public universities |
topic | Choice pension plan employee provident fund (EPF) defined benefit plan defined contribution plan |
url | https://e-journal.uum.edu.my/index.php/jbma/article/view/8877 |
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