Retirement
UNITED STATES INTERNATIONAL UNIVERSITY
EMOD 6010
ORGANIZATIONAL BEHAVIOUR
TERM PAPER
How THE African Union Prepares Employees for Retirement
BY: MOGOMOTSI DINGALO
STUDENT NUMBER: 626027
How the African Union Prepares Employees for Retirement
.
Introduction
Upon retirement an ex employee may face uncertainty, depression, and other challenges such as insufficient income to pay debt owed, unpaid children’s school fees and bills and so on. The African Union Commission recently introduced workshop for employees due to retire in order to prepare them for life after retirement. The workshop covered a variety of topics which will be discussed in this document.
Counseling
Staff due for retirement is counseled to prepare them not to fall apart when they retire. Particular emphasis is on staff to take retirement positively and not as a nightmare.
Planning for Retirement
Planning for retirement should usually begin the moment one starts to work, but due to multiple responsibilities, failure to begin in time is wide spread.
Retirement Meaning to Staff
What does retirement mean to retiring staff? It means transition from one phase of life to another. It can be positive or negative. It does not mean decay. Why do we put age as a deterrent in retirement? The assumption for many is that retirement leads to end of life. It is not true. Many people live longer even after retirement. People should start preparing for retirement the moment they take up a job. Our life after retirement cannot be transferred to our children as this will delay them from planning for their retirement in time.
Preparation for retirement
Preparation for retirement should begin three years in advance. Staff should be used to pass knowledge to incoming ones. People should gain something from retirement. If people retire unfulfilled, they tend to die earlier. Retirement plan should begin three years before. The AU should keep supporting staff when they
EMOD 6010
ORGANIZATIONAL BEHAVIOUR
TERM PAPER
How THE African Union Prepares Employees for Retirement
BY: MOGOMOTSI DINGALO
STUDENT NUMBER: 626027
How the African Union Prepares Employees for Retirement
.
Introduction
Upon retirement an ex employee may face uncertainty, depression, and other challenges such as insufficient income to pay debt owed, unpaid children’s school fees and bills and so on. The African Union Commission recently introduced workshop for employees due to retire in order to prepare them for life after retirement. The workshop covered a variety of topics which will be discussed in this document.
Counseling
Staff due for retirement is counseled to prepare them not to fall apart when they retire. Particular emphasis is on staff to take retirement positively and not as a nightmare.
Planning for Retirement
Planning for retirement should usually begin the moment one starts to work, but due to multiple responsibilities, failure to begin in time is wide spread.
Retirement Meaning to Staff
What does retirement mean to retiring staff? It means transition from one phase of life to another. It can be positive or negative. It does not mean decay. Why do we put age as a deterrent in retirement? The assumption for many is that retirement leads to end of life. It is not true. Many people live longer even after retirement. People should start preparing for retirement the moment they take up a job. Our life after retirement cannot be transferred to our children as this will delay them from planning for their retirement in time.
Preparation for retirement
Preparation for retirement should begin three years in advance. Staff should be used to pass knowledge to incoming ones. People should gain something from retirement. If people retire unfulfilled, they tend to die earlier. Retirement plan should begin three years before. The AU should keep supporting staff when they