阿拉伯商业与管理评论杂志

Challenges and Expectations of Retirees in Rivers State, Nigeria: Implications for Career Counseling

Abstract

Eremie MD

The study investigated challenges and expectations of retirees in Rivers State. The study utilized simple random sampling method to select 150 retirees, of which 90 are male and 60 female. The “Retirees Perception of Retirement Challenges” (RPRC) was used for collection of data for the study. Test re-test method was used to determine the reliability of the instrument. Reliability coefficient of 0.75 was obtained. The t-test statistics was used to test three null hypotheses at 0.05 level of significance. The findings revealed that Null hypothesis two was significant, while hypotheses one and three were reported non-significant. Therefore, hypotheses one and three were accepted, while hypothesis two rejected. Based on the findings, the following recommendations were made: (1) stress inoculation training should be conducted for retirees to manage life challenges of retirees, (2) Government should try to pay pension and gratuities due to retirees on time. (3) The Pension Board should set up Retirees Assistance Counseling and Welfare.