| dc.description.abstract | The purpose of this study was to establish the perception of retirement by teachers in
public secondary schools. In Kenya, like many other countries, retirement especially in
the public service is mandatory after attaining 60 years of age. Teachers retire after
attaining 60 years of age, which is the mandatory retirement age. The major problem is
that the majority of the teachers are not ready to stop working until they reach 60 years
of age. Majority of the teachers are not prepared for retirement and this causes stress and
anxiety. Majority of the teachers take long before they receive their pension benefits
after retirement.
The study used the descriptive survey research design. The selected sample size was
13% of the total population. The questionnaires were used as the data collection
instrument. Once the questionnaires were administered and collected, the data was
analyzed using descriptive statistics based on the objective of the study.
The study found out that majority of the teachers would like to retire at the age of 60
years because it is the mandatory age of retirement. It was pointed out that majority of
the teachers are not prepared for retirement and retirement causes stress and anxiety to
the retiree especially if not prepared.
In order to solve the above problems, various solutions were raised. First, the teachers
should invest early and save to be comfortable during retirement. Teachers should be
taught financial management to enable them manage their finances, know the areas to
invest in to reap maximum benefits out of their investments. In order for teachers to be
comfortable during their retirement days, they suggested that their pay should be
improved to enable them to save and to increase their pension. In conclusion, they
suggested that the pension should be released immediately after retirement. | en |
