Abstract
This study is designed to evaluate the source which develops perceptions, intentions and retirement behaviours in aging employees. Job strain, job insecurity, perceived satisfaction of retired life is taken into account for the analysis of aging employees' self-directedness towards the retirement intentions and behaviours. Two hundred fifty-one male participants qualified from the sugar factories to take part in this study aging from 35 to 65 years. Correlation statistics and structural equation modelling were employed to obtain logical and comprehensive results. Findings suggest that adolescence age is not the only significant predictor for the retirement. Job strain, insecurity and perceived satisfaction on retired life accounted for retirement intentions and retirement behaviours. However, analyses revealed that the effect of retirement intentions on retirement behaviours was mediated by self-directedness. Organisations are most likely to be affected by the timely or untimely retirement of such employees and therefore they have their interest and concerns over the issue.
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