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Abstract
This study investigated the effect of preretirement education on the retirement transition plans of workers in Nigeria. The sample includes preretirees of Wema Bank PLC and the Nigerian Civil Aviation Authority who participated in preretirement education workshops. The study shows that a majority of workers would prefer to retire at the normal age, but they fear that management can retire them at any time and for any reason. This fear was revealed by the concerns generated when participants received their letters of invitation for the preretirement workshop. The findings show that more than two-thirds (88.9%) of the workers agreed that preretirement education would assist them in their adjustment to retirement. The study concludes that preretirement education has the ability to generate positive changes in attitudes and habits as well as create positive preparedness. These benefits of preretirement education will facilitate the transition to retirement.
Notes
Source: Field survey (2004). Study carried out by Ogunbameru and Asa on workers of WEMA Board PLC, Nigeria, and the Nigerian Civil Aviation Authority (NCAA).
Income in Nigerian naira (
).
Source: Field survey (2004). Study carried out by Ogunbameru and Asa on workers of WEMA Board PLC, Nigeria, and the Nigerian Civil Aviation Authority (NCAA).
Source: Field survey (2004). Study carried out by Ogunbameru and Asa on workers of WEMA Board PLC, Nigeria, and the Nigerian Civil Aviation Authority (NCAA).
Source: Field survey (2004). Study carried out by Ogunbameru and Asa on workers of WEMA Board PLC, Nigeria, and the Nigerian Civil Aviation Authority (NCAA).