Influence of Demographic Factors on Retirement Planning and Socio-Economic Status of Civil Servants in Uganda

Reflections from Pensioners from Busoga Sub-Region

Authors

  • Mwosi Fabian School of social sciences, Department of Political and Social Studies, Nkumba University, Uganda
  • Edaku Charles School of social sciences and department of political and social studies, Nkumba University, Uganda
  • Mirembe Robina School of social sciences, Department of political and social studies, Nkumba University, Uganda
  • Marus Eton Faculty of Economics and Management Science, Department of Business Studies, Kabale University, Uganda

DOI:

https://doi.org/10.38157/ss.v4i2.465

Keywords:

Demographic factors, Retrment Planning, Age, Gender, Uganda

Abstract

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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Published

2022-11-09

How to Cite

Fabian, M., Charles, E., Robina, M., & Eton, M. (2022). Influence of Demographic Factors on Retirement Planning and Socio-Economic Status of Civil Servants in Uganda: Reflections from Pensioners from Busoga Sub-Region. Society & Sustainability, 4(2), 9–20. https://doi.org/10.38157/ss.v4i2.465