Predictors of retirement security among the Malaysian civil servants
This research aims to determine the determinants of retirement security (RS) among Malaysian civil servants, identify the "inputs"—retirement literacy, retirement behaviour, and professional financial advice—and the "throughput"—attitudes toward retirement (ATR)—to reach the inte...
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| Format: | Article |
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Human Resource Management Academic Research Society
2022
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| Online Access: | http://psasir.upm.edu.my/id/eprint/102844/ |
| _version_ | 1848863886790361088 |
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| author | Mohd Ishak, Zalina Magli, Amirah Shazana Sabri, Mohamad Fazli |
| author_facet | Mohd Ishak, Zalina Magli, Amirah Shazana Sabri, Mohamad Fazli |
| author_sort | Mohd Ishak, Zalina |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This research aims to determine the determinants of retirement security (RS) among Malaysian civil servants, identify the "inputs"—retirement literacy, retirement behaviour, and professional financial advice—and the "throughput"—attitudes toward retirement (ATR)—to reach the intended "outputs"—RS. Self-administered questionnaires were utilised to survey Malaysian civil servants regarding their RS. A multi-stage random sampling method was used to draw a representative sample of Malaysian civil servants and 361 completed self-administered questionnaires were received from 25 government departments in 5 regions: North, South, East, West and East Malaysia (Sabah). Covariance-Based Structural Equation Modelling statistically analysed data. With a R square of 0.42, the RS model explains 42% of retirement security variances. ATR and retirement behaviour significantly influence Malaysian civil servants' RS. Partial mediation was depicted in the influence of retirement behaviour; on RS, and full mediation was shown in the influence of retirement literacy and professional financial advice; on RS. This study could help policy-makers, government, and non-government organisations identify Malaysian civil servants' vulnerability to unsecured retirement based on socio-economic attributes and practises. These agencies could design RS programmes for Malaysian civil servants based on retirement literacy, retirement behaviour, professional financial advice, and ATR levels. |
| first_indexed | 2025-11-15T13:40:03Z |
| format | Article |
| id | upm-102844 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-15T13:40:03Z |
| publishDate | 2022 |
| publisher | Human Resource Management Academic Research Society |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1028442024-06-30T14:54:36Z http://psasir.upm.edu.my/id/eprint/102844/ Predictors of retirement security among the Malaysian civil servants Mohd Ishak, Zalina Magli, Amirah Shazana Sabri, Mohamad Fazli This research aims to determine the determinants of retirement security (RS) among Malaysian civil servants, identify the "inputs"—retirement literacy, retirement behaviour, and professional financial advice—and the "throughput"—attitudes toward retirement (ATR)—to reach the intended "outputs"—RS. Self-administered questionnaires were utilised to survey Malaysian civil servants regarding their RS. A multi-stage random sampling method was used to draw a representative sample of Malaysian civil servants and 361 completed self-administered questionnaires were received from 25 government departments in 5 regions: North, South, East, West and East Malaysia (Sabah). Covariance-Based Structural Equation Modelling statistically analysed data. With a R square of 0.42, the RS model explains 42% of retirement security variances. ATR and retirement behaviour significantly influence Malaysian civil servants' RS. Partial mediation was depicted in the influence of retirement behaviour; on RS, and full mediation was shown in the influence of retirement literacy and professional financial advice; on RS. This study could help policy-makers, government, and non-government organisations identify Malaysian civil servants' vulnerability to unsecured retirement based on socio-economic attributes and practises. These agencies could design RS programmes for Malaysian civil servants based on retirement literacy, retirement behaviour, professional financial advice, and ATR levels. Human Resource Management Academic Research Society 2022 Article PeerReviewed Mohd Ishak, Zalina and Magli, Amirah Shazana and Sabri, Mohamad Fazli (2022) Predictors of retirement security among the Malaysian civil servants. International Journal of Academic Research in Business and Social Sciences, 12 (12). pp. 1982-2003. ISSN 2222-6990 https://hrmars.com/index.php/IJARBSS/article/view/16002/Predictors-of-Retirement-Security-among-the-Malaysian-Civil-Servants 10.6007/ijarbss/v12-i12/16002 |
| spellingShingle | Mohd Ishak, Zalina Magli, Amirah Shazana Sabri, Mohamad Fazli Predictors of retirement security among the Malaysian civil servants |
| title | Predictors of retirement security among the Malaysian civil servants |
| title_full | Predictors of retirement security among the Malaysian civil servants |
| title_fullStr | Predictors of retirement security among the Malaysian civil servants |
| title_full_unstemmed | Predictors of retirement security among the Malaysian civil servants |
| title_short | Predictors of retirement security among the Malaysian civil servants |
| title_sort | predictors of retirement security among the malaysian civil servants |
| url | http://psasir.upm.edu.my/id/eprint/102844/ http://psasir.upm.edu.my/id/eprint/102844/ http://psasir.upm.edu.my/id/eprint/102844/ |