This study describes the plight of retired academicians of Agusan Del Norte and Agusan del Sur using the purposive sampling approach in the selection of the participants. The use of focused group discussion allowed the researcher to unveil the sentiments of the retired educators. This undertaking used a phenomenological approach with interview guide as a data-gathering instrument. The gathered data were analyzed using thematic analysis. It was revealed that during the first few months of retirement, the retired educators embraced a stress-free life; they reinvigorated their daily routine and revamped their financial approach. The study likewise revealed that sustaining a lifelong financial gameplan, shaping a passionate faith through fervent prayers, and savoring retirement bliss while maintaining mental clarity can help retirees cope with the sudden change of lifestyle brought about by retirement. Moreover, the insights that were revealed are, establishing a well thought financial retirement plan, understanding that retirement is an ending of a beautiful beginning and retirees should know that Health is our Greatest Fortune. The findings of this study can be a tool towards crafting a skills and development and financial literacy program for educators. Hence, this study can be used to review the current GSIS pension program.
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QUIÑO et al. (2024) studied this question.
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