• Title/Summary/Keyword: Retirement Management

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The Needs for Reemployment and the Development of Vocational Abilities after Retirement in Police Officers (경찰공무원의 퇴직 후 재취업 욕구 및 취업능력개발에 관한 연구)

  • Han, Sang-Am;Sin, Seong-Won
    • Korean Security Journal
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    • no.15
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    • pp.359-379
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    • 2008
  • Police organization tries to recruit competent and young persons, but its concern for retiring persons is extremely little and it expels those who are not prepared to live in outside society. The studies on the management and support the retiring police officers who dedicated their lives to our society are very rare. The object of this study is to study the needs for reemployment in police officers and to develop retirement systems and vocational abilities. Finally, I suggest the establishment of the unit that fully takes charge of retirement management, the method of setting up the learning organization for self-development, the effective ways to get various licenses, the offer of informations on fields of reemployment, the development and management of preparing and support programs for retirement persons.

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Life Evaluation of Gas Turbine Engine Disk based on Retirement for Cause Concept (Retirement For Cause 개념에 의한 가스터빈 디스크 수명의 평가)

  • Nam, Seung-Hun;Park, Jong-Hwa;Kim, Jong-Yeop
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.26 no.2
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    • pp.365-373
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    • 2002
  • For gas turbine engines, the safe life methodology has historically been used fur fatigue life management of failure critical engine components. The safe retirement limit is necessarily determined by a conservative life evaluation procedure, thereby many components which have a long residual life are discarded. The objective of this study is to introduce the damage tolerant design concept into the life management for aircraft engine component instead of conservative fatigue life methodology which has been used for both design and maintenance. Crack growth data were collected on a nickel base superalloy which have been subjected to combined static and cyclic loading at elevated temperatures. Stress analysis fur turbine disk was carried out. The program for computing creep-fatigue crack growth was developed. The residual lifes of turbine disk component under various temperatures and conditions using creep-fatigue crack growth data were estimated. As the result of analysis, it was confirmed that retirement fur cause concept was applicable to the evaluation of residual life of retired turbine disk which had been designed based on the conventional fatigue life methodology.

A Study on the Effect of Retirement Education from the Perspective of Internal Marketing (내부마케팅 관점에서 본 퇴직예비교육 효과에 관한 연구)

  • Park, JuSik
    • Management & Information Systems Review
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    • v.34 no.5
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    • pp.149-169
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    • 2015
  • This research is based on internal marketing to explain the effect of retirement education as the strategy for increasing internal customer satisfaction. The analysis was held with employees who work in Ulsan area by using SPSS18K and Smart PLS 2.0. The study verified the structural equation model hypothesizing the relationship among related factors including retirement education factors, job satisfaction, anxiety, motivation and customer orientation. According to the result of this study, retirement education factors have positive effect on the both job satisfaction and anxiety. However, the effect of leisure education is not significant for both job satisfaction and anxiety. Additional IPA was conducted to explain managerial implication of this research. The research has several marketing implication on internal marketing and internal customer satisfaction. For firms, employees' perception of retirement education can generate the tangible and intangible performance in the internal marketing perspectives.

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A Study on Affecting Intention to Introduce Retirement Pension System: Focusing on Financial Factors of Small and Medium Enterprise (퇴직연금제도 도입의사 영향요인에 관한 연구: 중소기업의 재무요인을 중심으로)

  • Jeong, Yeong-hoon;Kim, Hyoung-soo;Ahn, Eun-ju
    • Journal of Digital Convergence
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    • v.19 no.4
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    • pp.39-48
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    • 2021
  • The retirement pension is one of the security systems for retirement income. In Korea, since 2016, companies with 300 or more employees are obligated to introduce retirement pensions, so the rate of introduction of retirement pensions by large companies is high, but the rate of introduction of small and medium-sized enterprise(SME) is very low. This study aims to suggest a direction for the government's policy establishment to introduction of a retirement pension plan by looking at what financial attributes affect the intention to introduction of retirement pension plan. As a result of the analysis, it was found that among the financial attributes, Return on Sales in the positive (+) direction and Equity Capital Ratio in the negative (-) direction were significant factors influencing the intention to introduce a SME retirement pension. Accordingly, the government policy to induce the introduction of the retirement pension for SMEs needs to be implemented in stages with priority to SMEs with large Return on Sales and Equity Capital Ratio.

The Prevalence of Retirement Planning Among Women in Malaysia - A Conceptual Article

  • DAUKIN, Mellisa;MOHD ISA, Mohd Yaziz;MOHAMED, Zulkifflee
    • Journal of Wellbeing Management and Applied Psychology
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    • v.5 no.4
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    • pp.1-9
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    • 2022
  • Purpose: Many people recognize the fact that women are basically poor at financial and retirement planning. A small number of scholars have explored the factors and situations that influence the level of awareness of pre-retirement women and men with regards to planning for their retirement years. In most developing countries, including Malaysia, there are more men in the younger segment of the population and more women in the older segment, since women tend to live longer than men due to having jobs of relatively lower risk, their behaviors, and activities. Research design, data and methodology: Given that it is hard to predict whether they will be healthy in old age, women may require additional resources to obtain the care and assistance that they need. The transition from career life into retirement is a long process for people to go through. Some may be able to prepare for the next stage of life, and some may not be able to prepare due to personal reasons. Planning for future retirement is important because it will affect the quality of a woman's life after a certain age. Results: Without proper planning, women may face financial instability, depression, and poor psychological well-being. However, many women are unaware of their financial status or do not know their family's financial status, such as tracking the main income, budget, and expenses, financial commitments and have no proper record of assets owned, loans owed, or updated loan balances. Conclusions: The findings of this research have led to the conclusion that pre-retiree women are likely to regard their retirement savings as sufficient without realizing that they should have at least several types of savings instead of just one, and the grave consequences of not having any savings at all for their retirement years.

A Comparison of Male and Female Middle-Aged Salaried Workers' Retirement Plans: Economic Preparation and Health Care Plans (중년기 남녀 봉급생활자의 은퇴계획 비교 분석 : 경제적 준비와 건강준비를 중심으로)

  • Hong Sung-Hee;Kwak In-Sook
    • Journal of Families and Better Life
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    • v.24 no.1 s.79
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    • pp.193-207
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    • 2006
  • The purpose of this study was to analyze middle-aged salaried workers' retirement plans and the factors that affect the plans. The main point of this study was to compare male workers with female workers on their economic preparation and health care plans. The major findings were as follows; First, middle-aged salaried workers perceived their level of economic retirement plan to be relatively low. Second, the factors the affected the level of economic preparation for post-retirement were their current subjective economic level, age, household assets and debts, economic and health problems expected in their future elderly life, and savings and assets reserved for their elderly life. Third, the factors that affected whether to put aside savings for elderly life or not were age, current subjective economic level, capital assets, and savings and assets reserved for their elderly life. Fourth, the level of preparation for post-retirement health care depended on health problems expected in their elderly life, current subjective economic level, locus of control, job, and expected retirement age. Overall, the factors that affect male salaried workers' economic and health care plans were different from those of female salaried workers. From the findings, it can be concluded that the middle-aged salaried workers' level of economic retirement plans was different from that of their health care plans. Also, male salaried workers' level of retirement plan were different from that of female workers.

A Study on Behavioral Intention for Financial Retirement Preparation to Apply Theory of Planned Behavior: Focusing on Consumers in their 20s and 30s (계획된 행동이론을 적용한 경제적 은퇴준비행동의도에 관한 연구: 20·30대 소비자 대상으로)

  • Zhang, Meng Jiao;Lee, Seung Sin
    • Journal of Families and Better Life
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    • v.34 no.5
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    • pp.53-68
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    • 2016
  • Financial preparation for retirement means making financial plans by predicting expected incomes and expenditures needed for maintaining success in later life. Because this preparation needs long-term planning, preparing as early as possible is recommended. This study, therefore, uses theory of planned behavior for examining the intention of financial preparation for retirement of consumers in their 20s and 30s. By using financial education and its understanding as additional variables, this study also intends to examine the ultimate effects on the intention. The following is a summary of the main results and suggestions. First, the level of consumer financial education is lower than the average. The level of understanding finance is lower than the average, and particularly, the level of understanding retirement related finance is much lower. Second, the more the attitude of financial preparation for retirement is positive, and the higher the level of subjective norm or perceived behavioral control is, the level of the intention of financial preparation for retirement tends to be more higher. Therefore, relevant efforts to encourage this preparation are needed. Third, the level of the intention of financial preparation for retirement is higher than the average, whereas financial education has no effects on the intention. This means that despite the importance of the financial education, its current implementation has many problems. The suggestions of this study are as follows. First of all, this study can provide preliminary data for developing retirement planning programs. In addition, in terms of the policy, given that this study targets relatively young consumers in their 20s and 30s, it can provide preliminary data for making policies for their future retirements.

Proposal Strategy and Performance Analysis of Electronic Human Resources Management Pilot Project (건설근로자공제회 전자인력관리(전자카드제)시범사업 성과 분석 및 추진전략 도출)

  • Kim, Inchie;Chin, Sangyoon;Kim, Seongah;Kim, Yeasang;Lee, Sangjun;Park, Soohun
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.4
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    • pp.3-11
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    • 2018
  • The Construction Workers Mutual Aid Association is carrying out a number of strategic tasks with the goal of "contributing to improving employment and stabilizing the return of workers to construction workers through employment welfare and retirement deduction services." One of them is the retirement deduction system. The retirement allowance system is a system for the retirement income and livelihood security of construction workers who are not adequately protected by the Labor Standards Act, such as retirement allowances due to the nature of day labor. The Construction Workers Mutual Aid Association has promoted the introduction of electronic manpower management. For the efficient management of the pilot sites and the plans for the future, comprehensive evaluation of the pilot sites as well as the evaluation of the status and operation results of each pilot project site are needed. Therefore, in this study, we will develop performance indicators to evaluate the current state of electronic manpower pilot projects and analyze the actual situation of pilot project sites through actual application, and try to derive future implementation strategies.

Mediating Effect of Corporate Welfare Satisfaction in the Relationship between Retirement Pension System's Income Security and Job Commitment (퇴직연금제도의 노후소득보장성과 직무몰입의 관계에서 기업복지만족도의 매개효과)

  • Kim, Soo-Jung;Choi, Yun-Jin;Lee, Gwang-Il
    • The Journal of the Korea Contents Association
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    • v.21 no.9
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    • pp.234-244
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    • 2021
  • The purpose of this study is to investigate the effect of the retirement pension system on workers' retirement income security and job commitment, and to verify the mediating effect of corporate welfare satisfaction in the relationship between the retirement pension system's retirement income security and job commitment. Employees of domestic K-company, which have been implementing the retirement pension system since 2011, were surveyed, and 403 copies of the final data were analyzed using SPSS 22.0. The analysis results are as follows. First, as the sub-factors of the retirement income security, the guarantee of the retirement benefits right and the income replacement rate had a significant positive(+) effect on job commitment. Second, as sub-factors of the retirement income security, the income replacement rate and customized retirement design had a significant positive(+) effect on corporate welfare satisfaction. Third, corporate welfare satisfaction had a significant positive(+) effect on job commitment. Fourth, it was found that the relationship between the income replacement rate and job commitment, which are sub-factors of retirement income security, is mediated by diversity and the level of benefits, sub-factors of corporate welfare satisfaction. Based on the results of this study, it was confirmed that the implementation of the retirement pension system enhances the employee's job commitment and corporate welfare satisfaction, and is also important for corporate management.

The Analysis by Postretirement of baby boom generation

  • Kim, Pan-Jin
    • The Journal of Economics, Marketing and Management
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    • v.5 no.2
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    • pp.33-39
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    • 2017
  • As the aging population geworsened by the a of the low fertility rate in the wake of the birth of the low birth rate, the rapid increase in the retirement age of the baby boomers in the wake of the birth of the Korean War is a significant indication of the separation of the aged and the role of the economically rich and the role of the role of the economically rich. Therefore, this study aims to address issues and countermeasures. The study aims to provide basic data for the future life of the baby boom generation by examining the problems and responses to the economic activity after the retirement activity of the baby boomers. The research suggests that the limit was limited to the retirement age of the baby boomer generation in order to boost the employment of the elderly. Due to the lack of exploration of the exploratory research, the lack of analysis of exploratory facts is the biggest limitation of the analysis. So, further analysis of this will lead to meaningful studies. Looking at the composition of this study, the introduction of the study included the necessity and purpose of the study. The focus on the point was on the concepts and characteristics of the baby boomer, and analyzed the characteristics of the economic activity and analyses and analyses of domestic and international cases. In conclusion, the issue was drawn up and the alternatives were sought.