48

Findings:

On the other hand, 72.9% of employees (N

-

2089) thought

that it was necessary to join a pension scheme. (Table 0058)

Of those who thought that a pension scheme was not necessary

*

to them (N 542), 3.1% gave the first reason, 42.8% gave the second,

3.3% the third, 29.7% the fourth, 25.1% other reasons.

(Table 00590063)

4.

Comparative value of benefits as offered in the proposed scheme

Question 11. Which of the above four benefits do you think is the most

useful? Which is next? Which is third? Which is last?

Sickness

Housing

Life Insurance

Retirement

Findings:

The frequency distribution of the rank order of need

of the four types of benefits are tabulated below (Table 0064, 0065,

0066, 0067):

Sickness Benefit Life Insurance

Rank

Retirement

Housing

1

1121

53.7%

101

4.8%

471 22.5% 347

16.6%

2

572

27.4%

480

23.0%

648 31.0% 305

14.6%

3

250

12.0%

787

37.7%

593 28.4% 359

17.2%

4

82

3.9%

627

30.0%

289

13.8% 995

47.6%

Undecided

64

3.1%

94

4.5%

88

4.2% 83

4.0%

TOTAL

2089

2089

2089

2089

MEAN RANK

1.651

2.972

2.350

2.998

The benefit that was considered to be most useful was

sickness benefit; the second was retirement benefit, the third and the

fourth were not quite distinguishable.

The ranking of housing loan was

more dispersed than that of the life insurance. The life insurance

rankings were more skewed to the lower ranks.

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