THE PROBLEM AND ITS BACKGROUND
Careers and life cycle have been this individual focus of numerous theories and studies to get quite a number of years. Most people assumed that jobs involve working in an organization; then an individual will try to move up in an organizational ladder, acquire more influence and a bigger cash flow; lead the organization, and finally stop working pursuing additional interests or perhaps live a life of recluse.
In respect to a typical view of career style, an individual train locomotives for a career, works for the reason that career for about 30 to 40 years, after which retires.
Background of the Research
Retirement relates to that time once employees leave their careers or occupation by explanation of age, health issues, or handicap.
Among teachers, the compulsory retirement age is definitely 65 years of age while the recommended retirement age is 60 years or at least 15 years in the govt service.
Those who are in the federal government service are contributing members to the Federal government Service Insurance Sytem (GSIS) which in result are entitled to receive retirement advantages from the pension plan. They have the option available three pension plans from your GSIS.
Republic Act 1616 refers to grativity retirement, in which he reirees' agency pays for the retirement rewards and in which no pension plan fund is usually paid.
Republic Act 660 or the Magic 87 specifies that the quantity of the period of service and the age of the retiree is 87. The retiree should be entitled to a pension and a huge of payment.
Republic Act 8291, the GSIS Work of 97 is the current package by which members may maximize the advantages due all of them. The retired person can either (1) get a five-year lump sum in which payment starts after five years from receipt with the lump sum and (2) to have a lump sum of equivalent to 18 months of pension as improve payment additionally automatic repayment of pension check from the day time of retirement.
When instructors retire, it can be expected that teacher-retirees can encounter concerns and their way of living will dramatically change. These types of problems includes those related to income and savings, diet and exercise, health/health condition, leisure activities, social involvement, and other occupation/career engaged in.
People anticipating a career spanning 30 years may choose to go after schooling, profession hiatus, or perhaps sabbatical keep, re-schooling etc.
The growing work and retirement habits of baby boomers, the initial generation cohort to experience superlongevity en masse, provide any defile to just how careers and post profession life will certainly evolve within the next many decades.
Baby boomers are transforming the retirment phase in one whose primary activity is definitely leisure to a single that emphaiszes the quest for new curiosity, avocation, and careers.
A lot of teachers retired early 50 to sixty two years old pertaining to various reasons: disability, ongoing disease, working abroad, apathy or dissatisfaction with the educational system.
Others who retired late in compulsory age of 63 to 65 years old do not live of recluse. Instead a lot of them may be active and involve themselves in house of worship activities while cathechism job, teach in college or perhaps in personal university.
This kind of researcher observed that some teacher-retirees need to work because their pension is insufficient for medical/hospitalization expenses.
This researcher, consequently , is interested to validate some of her observations in order to help teacher-retirees live a satisfying and fulfilled lifestyle by suggesting programs and projects for welfare.
The schematic diagram of the analyze is show below.
INPUT| PROCESS| RESULT
Profile of Retirees
1 ) Age
2 . Gender
a few. Civil Position
4. Educational Attainment
your five. Position organised before retirement living
6. Number of years retired
Elements that have an effect on life of the retirees
1 . Income and Savings
2 . Diet and Exercise
3. Health/Medical Status
4. Interests and leisure Activities
five. Social Activities...
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