The retirement system in our country , It was amended the law to change the superannuating scheme of providing the source of retirement payment with government budget to the pension fund with defining contribution plan for withholding of contribution by both the government and public employees. The theoretical framework for this research was constructed through studying the concepts and theories of the retirement system and the main differences between in our country of the retirement system with those of USA , Japan. 146 of questionnaires were returned from total sample numbers of 280 with a return rate 52.1%, Data analyzed by arithmetic mean, standard deviation, t-test, one-way ANOVA, and Scheffe & eacute method, came to following conclusions? The privilege 18% interest rate for depositing retirement payment can only be applied to be the service credit before June 1995, It should be maintained continually. The conditions of Voluntary retirement and Normal retirement unchanged and without have gained a high satisfaction, while In general it is not preferable referring to rising normal monthly retirement age up to 65 or 70years of age. The conditions of Voluntary retirement and Normal retirement as by office retirement ordinance(regulation) enacted, have gained a high satisfaction, while In general it is not preferable referring to rising normal retirement age up to 70years of age. Officers are expected to have flexible choices between Voluntary retirement and Normal retirement according to their status of health and competence. The conditions of applying for Lump-sum retirement payment or monthly retirement payment, enacted by the retirement ordinance (regulation) are mostly favorable. To avoid the heavy burden of the government, young retirees should be restricted to the option of applying for Lump-sum retirement payment only.
