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Talk of the Day -- Retired teachers happiest pensioners
Central News Agency
2013-12-19 11:11 PM
Retired educators are Taiwan's most contented pensioners, a major study of retirement revealed Wednesday. The survey, conducted by the non-profit Commerce Development Research Institute (CDRI), found that health, disposable income and personal interactions are the three factors that most likely to affect pensioners' sense of well-being and satisfaction with life. The following are excerpts from a special report in the Thursday edition of the United Daily News on the findings of the CDRI survey: The poll interviewed local pensioners aged over 50 between Oct. 21 and Oct. 31. A total of 1,068 valid samples were collected, with a 95 percent confidence level and a 3 percent margin of error. As many as 64.6 percent of the respondents said they were satisfied with their lives after retirement and 43 percent even said their retired lives were better than they had expected. The survey used a 1-5 scale to gauge the pensioners' sense of well-being or happiness. Retired educational personnel outpaced those from other professions in terms of well-being, with a score of 4.02 points, much higher than the overall average of 3.76 points.

Retired civil servants came in second with a score of 3.96 points, followed by former employees of banking, insurance and financial services fields with a score of 3.94 points. In contrast, those who retired from military and police services were discontented overall. The sense of well-being was also relatively low among agriculture, forestry, fishery, manufacturing and service sectors. CDRI Deputy-Director Wu Shih-hao said military and police pensioners' low sense of well-being probably resulted from their unfamiliarity with slower-paced and less orderly lives in their retirement. As to the lower level of satisfaction felt by pensioners from agricultural, manufacturing and service sectors, Wu said, the reason might lie in their smaller disposable pensions. According to the survey, about 60 percent of local pensioners have a monthly disposable income of less than NT$20,000 (US$873.4), compared to an average of NT$45,000 enjoyed by retirees from education, civil service and military sectors.

Female pensioners feel better about their retired life than their male counterparts and can adapt faster to retirement. Meanwhile, the poll found that those who have retired for six to 10 years are happiest while those who have retired for more than 11 years or longer are less happy, probably because of declining health and lessened interaction with friends. (Dec. 19, 2013). (By Sofia Wu)

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