Profile of retired employees of civil service attending pension management office in Nepal

Abstract

The retirement decision can significantly affect an individual's well‐being for many years. There are many reasons and issues for retirement decision for a government official. Financial and health concerns are a major part of the retirement decision but there are other issues that bring about the retirement decision that are unrelated to an individual's financial and health status. In Nepal, majority of government workers have compulsory retirement due to age concern. To study the profile of the retired employees and their perception toward retirement. A descriptive cross‐sectional research methodology was used in this study. About 85% (out of 105) of the retired employees attending Pension Management Office were male, which was due to the absence of female inclusiveness in employment before 2006. There were several reasons for retirement. The most common reason for being retired was the compulsory retirement, which was followed by the reasons of poor health and family problems, each counting about 14.2%. Most of the retired employees, that is, 48.5% (51) rated the retirement program as fair and about 42% (44) rated it as poor. Preserving the skilled and productive manpower in civil service is equally important as the nation has greater effort in building them up in terms of career and capacity.