Employment-Related Factors Influencing Membership To Voluntary Pension Schemes Among National Gorvernment Civil Servants In Kitui County

Abstract

The study was on employment- related factors influencing membership to voluntary pension

schemes among national government civil servants in Kitui County. The target population was

civil servants performing national government functions i.e functions that are not devolved to the

County Government of Kitui. It however excluded employees of parastatals and those serving

under the National Police Service Commission. In particular the researcher sought to establish

whether the independent variables i.e. retirement financial education, employment income, and

defined benefits pension scheme influence the dependent variable (membership to voluntary

pension schemes). The research used descriptive research design. The population size was 2,290

from which a sample size of 114 (5% of the population) was identified using the stratified

random sampling technique. Questionnaires were used to collect primary data from the

respondents. The collected data were analyzed in both qualitative and inferential statistics using

SPSS data analysis computer application. The key findings were that employment income was

the most influential factor for membership to voluntary pension schemes among national

government civil servants in Kitui County. Retirement financial education was the second most

influential factor for membership to voluntary while defined benefits scheme was the least

influential among the factors studied. Further, the study established that there is a strong positive

correlation r(112) = 0.846, p

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