Institute of Industry and Academic Research Incorporated
Register in
IARR Cover
Industry & Academic Research Review

ISSN 2719-146X (Print) 2719-1478 (Online)

Google Scholar Logo

Dealing with Life after Work: A Teacher-Retiree Experiences

Mary Razel T. Tesoro & Rebecca T. Barrios
Volume 4 July 2023
Presented in 4th International Conference on Multidisciplinary Industry and Academic Research (ICMIAR), July 7 - 8, 2023

Abstract

In this study, phenomenological qualitative research design was utilized in order to comprehensively capture the research questions appropriately and adequately. This study aims to identify the over-all experiences of retiring teachers in the Department of Education, Division of Aklan, District of Makato. Retirement is a time when responsibilities are reduced and replaced by different kinds of outlets, but it does not logically match with the retirement age. The research used purposive sampling techniques to sample 7 respondents of which 2 were males and 5 females. Face to face interview was used to collect qualitative data. Qualitative data was thematically coded and analyzed through Colaizzi’s method. The findings showed that most of the participants experienced mixed emotions during their transition from their previous learned routines to their retirement phase. Most of the retirees suffered from psychological stress such as isolation and loneliness and lack of knowledge in proper planning and managing of their financial aspects. To avoid further financial problems in the future, the participants pursued in settling debts responsibilities, which gave them peace of mind and rendered them to utilized time in creating more meaningful activities. As the participants ended their teaching occupation and being satisfied to the service they had contributed to the society, the feeling of fulfillment was achieved.

Keywords: Over-all experiences, retiring teachers, retirement, responsibilities

*This paper is presented at the 4th International Conference on Multidisciplinary Industry and Academic Research (ICMIAR) 2023

References

Adams, G., and Shultz, K. (2007). Retirement. Encyclopedia of Industrial and Organizational Psychology, 2, 678-680.

Bal, G., Beehr, T. (2020). Retirement: Reasons, Processes, and Results. Springer Publishing Company.

Dvorak, T., & Hanley, H. (2010). Financial literacy and the design of retirement plans. The Journal of Socio-Economics, 39(6), 645-652.

Elder, H. W., & Rudolph, P. M. (1999). Does retirement planning affect the level of retirement satisfaction? Financial Services Review, 8(2), 117-127.

Githui, J. W. (2012). Perception of retirement by teachers in public secondary schools in Nairobi County (Doctoral dissertation). The University of Nairobi.

James, J. B., Kahana, E., Bhatta, T., Lovegreen, L. D., Kahana, B., & Midlarsky, E.  (2013). Altruism, helping, and volunteering: Pathways to well-being in late life. Journal of Aging and Health, 25(1), 159-187

Kennedy, B. K., Berger, S. L., Brunet, A., Campisi, J., Cuervo, A. M., Epel, E. S., & Rando, T. A. (2014). Geroscience: linking aging to chronic disease. Cell, 159(4), 709-713.

Kim, D. (2020). Worker retirement responses to pension incentives: Do they respond to pension wealth? Journal of Economic Behavior & Organization, 173, 365-385

Kong, W., Ni, S., Podgursky, M., & Wu, W. (2018). Pension enhancements and teacher retirement. CALDER WP, 195.

Liang, J.  Y. (2011).  Components of a meaningful retirement life:  A phenomenological study of the 1950s-birth cohort in urban China. Journal of Cross-Cultural Gerontology, 26(3), 279-298

Lusardi, A., & Mitchell, O. S. (2006). Baby boomer retirement security: The roles of planning, financial literacy, and housing wealth. Journal of Monetary Economics, 54(1), 205-224.

Lusardi, A., & Mitchell, O. S. (2017). How ordinary consumers make complex economic decisions: Financial literacy and retirement readiness. Quarterly Journal of Finance, 7(03), 1750008.

Magtira, R, Ancho I.  (2020) Before Officially Leaving The Organization: Retirement Planning and Preparation of Filipino Teachers

Mahler, P. P. (2018). Are Teacher Pensions’ Hazardous’ for Schools? Upjohn Institute for Employment Research. doi.org/10.17848/wp18-281.

Matthijs Bal, P., & Visser, M. S. (2011). When are teachers motivated to work beyond retirement age? The importance of support, change of work role, and money. Educational Management Administration & Leadership, 39(5), 590-602.

McGee, J. B., & Winters, M. A. (2019). Rethinking the structure of teacher retirement benefits: Analyzing the preferences of entering teachers. Educational Evaluation and Policy Analysis, 41(1), 63-78.

Matz-Costa, C., & Smyer, M. A. (2016). Retirement security: It’s not just about the money. American Psychologist, 71(4), 334.

McGee, Cham. Ghilarducci, T., & James, T. (2019). Rescuing Retirement: A Plan to Guarantee Retirement Security for All Americans. Columbia University Press.

Meulen, R., & Ubachs-Moust, J. (2005). Healthcare Rationing: Is Age a Proper Criterion? The Cambridge Handbook of Age and Ageing. Cambridge University Press. Gale Virtual Reference Library.

Papke, L. E. (2019). Retirement choices by state and local public sector employees: the role of eligibility and financial incentives (No. w25436). National Bureau of Economic Research.

Perez, E. (2012). Teacher retirement preferences and behavior. Vanderbilt University. Nashville, TN, USA.

Perk, R., & Shauman, K. (2018). Trends and correlates of post-retirement employment, 1977 2009. Human Relations, 66(1), 113-141.

Podgursky, M., Pendergrass, S. A., & Hesla, K. (2018). Pensions under pressure: Charter innovation in teacher retirement benefits. Education Next, 18(2), 8-16.

Rogelberg, A. (2007). Older Worker Issues. Encyclopedia of Industrial and Organizational Psychology, Barnes-Farrell, Janet L., ed., vol. 2, SAGE Reference Gale Virtual Reference Library.

Singh, A., & Misra, N. (2009). Loneliness, depression, and sociability in old age. Industrial psychiatry journal, 18(1), 51.

Wallace, R. (2007). Health and Retirement Study, Encyclopedia of Health and Aging, 253-256, SAGE Reference, Gale Virtual Reference Library

Stauner, E., (2019). Work, Health, and Retirement. Encyclopedia of Health and Aging, 581-583.

Tornstam, L. (1997). Life crises and gerotranscendence. Journal of Aging and Identity, 2, 117-131.

Cite this article:

Tesoro, M.T. & Barrios, R.T. (2023). Dealing with Life after Work: A Teacher-Retires Experiences. Industry and Academic Research Review, 4 (1), 22-27.

License:

TRP Cover Page
The Research Probe

Proceedings journal for institutional researches.

MEIR COVER Page
Management, Education & Innovation Review

Proceedings journal for ICMEI.

ISRC Cover Page
International Student Research Review

Proceedings journal for ISRC.

Scroll to Top