Influence of Demographic Factors on Retirement Planning and Socio-Economic Status of Civil Servants in Uganda: Reflections from Pensioners from Busoga Sub-Region
This study provides a Ugandan perspective on the influence of demographic factors on retirement planning and the socio-economic status of civil servants. The study collected data from 236 pensioners using a questionnaire survey. The demographic factors included gender, marital status, age, income,...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | en_US |
| Published: |
Research & Innovation Initiative Inc
2022
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.12493/746 |
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| Summary: | This study provides a Ugandan perspective on the influence of demographic factors on retirement planning
and the socio-economic status of civil servants. The study collected data from 236 pensioners using a
questionnaire survey. The demographic factors included gender, marital status, age, income, and
educational level. Using multiple regression, the study concludes that there is a low predictive influence of
demographic factors on retirement planning and socio-economic status. Only educational level and
monthly income have significant influences on retirement planning and the socioeconomic status of the
retirees. This study offers a solid ground for increasing civil servants’ salaries in Uganda. Also, the
government may consider identifying resources for the professional development needs of civil servants. |
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