A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir

According to Law of Malaysia Act 753, retirement can be defined as the termination of contract of service of an employee on the ground of age. The new retirement age policy in Malaysia requires employees to retire at 60 which before this at 58 and 55. The purpose of this study is to determine whethe...

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Main Authors: Amir Ali, Faranimah, Muhamma Tahir, Ramli
Format: Student Project
Language:English
Published: Perpustakaan Tun Abdul Razak UiTM Caw Sabah 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/26928/1/PP_FARANIMAH%20BTE%20AMIR%20AM%20S%2013_5.pdf
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author Amir Ali, Faranimah
Muhamma Tahir, Ramli
author_facet Amir Ali, Faranimah
Muhamma Tahir, Ramli
author_sort Amir Ali, Faranimah
collection UITM
description According to Law of Malaysia Act 753, retirement can be defined as the termination of contract of service of an employee on the ground of age. The new retirement age policy in Malaysia requires employees to retire at 60 which before this at 58 and 55. The purpose of this study is to determine whether the people specifically employees accept the increase of the age of retirement to 60 or not. This study was conducted with a survey by distribution of self-developed questionnaires. Based on this study, most employees have a moderate level of acceptance towards the new retirement age policies 2012. However, the results were skewed more towards positively accept the policy. Moreover, in general, finding also revealed that, majority of the respondents prefer 55 years old as the ideal age for retirement. Though this study cannot be generalize nor can the results fully representing the collective opinions across all Malaysian on such a topic, yet this study was able to show that there are numerous dimension of concerned from demographically, economically and socially points of views that would like to be given the opportunity to be examined.
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spelling uitm.eprints-69282020-06-01T02:30:40Z https://ir.uitm.edu.my/id/eprint/26928/ A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir Amir Ali, Faranimah Muhamma Tahir, Ramli Wages Consumer satisfaction Income and expenditure. Budget Retirement. Retirement industry. Retirees According to Law of Malaysia Act 753, retirement can be defined as the termination of contract of service of an employee on the ground of age. The new retirement age policy in Malaysia requires employees to retire at 60 which before this at 58 and 55. The purpose of this study is to determine whether the people specifically employees accept the increase of the age of retirement to 60 or not. This study was conducted with a survey by distribution of self-developed questionnaires. Based on this study, most employees have a moderate level of acceptance towards the new retirement age policies 2012. However, the results were skewed more towards positively accept the policy. Moreover, in general, finding also revealed that, majority of the respondents prefer 55 years old as the ideal age for retirement. Though this study cannot be generalize nor can the results fully representing the collective opinions across all Malaysian on such a topic, yet this study was able to show that there are numerous dimension of concerned from demographically, economically and socially points of views that would like to be given the opportunity to be examined. Perpustakaan Tun Abdul Razak UiTM Caw Sabah 2013-07 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/26928/1/PP_FARANIMAH%20BTE%20AMIR%20AM%20S%2013_5.pdf A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir. (2013) [Student Project] (Unpublished)
spellingShingle Wages
Consumer satisfaction
Income and expenditure. Budget
Retirement. Retirement industry. Retirees
Amir Ali, Faranimah
Muhamma Tahir, Ramli
A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title_full A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title_fullStr A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title_full_unstemmed A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title_short A study on acceptance of new retirement age policy among employees in Kota Kinabalu / Faranimah Amir Ali and Ramli Muhamma Tahir
title_sort study on acceptance of new retirement age policy among employees in kota kinabalu faranimah amir ali and ramli muhamma tahir
topic Wages
Consumer satisfaction
Income and expenditure. Budget
Retirement. Retirement industry. Retirees
url https://ir.uitm.edu.my/id/eprint/26928/1/PP_FARANIMAH%20BTE%20AMIR%20AM%20S%2013_5.pdf
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