Ageing and its implications for staff performance, productivity and retirement plans

The study investigated problems of ageing and retirement with special emphasis on its implication to staff performance and productivity. The study adopted a descriptive survey design in which staff (lecturers) of two (2) Colleges of Education in Lagos State (Federal College of Education (Tech), Akoka and Adeniran Ogunsanya College of Education, Ijanikin) was randomly sampled. A structured questionnaire was designed based on the objectives of the study to elicit responses an ageing and retirement issues from the selected respondents. A simple random sampling technique was adopted to select sixty (60) staff from each of the colleges to obtain a total sample size of 120. The statistical analysis of the two (2) research questions guided the conduct of the study. Findings revealed that age is very crucial to staff performance and productivity and that can jeopardized the health and financial advantages of staff (gratuity). The study late concluded that ageing and retirement are inevitable life process and that individual’s focus in life and a healthy lifestyle process and that retires. Among the recommendations made were that employers should ensure that staff data are adequately documented to prevent falsification of age by staff in their later years and that periodic workshop and seminar should be organized by the Management of the Colleges to sensitize their staff about retirement and how to prepare for it and benefit with it.