Evaluation of the Employees' Provident Fund in Jordanian Public Universities

Fawzi Al Sawalqa, Ghazy Al-Badainah
2020 International Journal of Academic Research in Accounting, Finance and Management Sciences  
The current initial study comes to explore the current status and the future trend of the Employees' Provident Fund (EPF) among Jordanian public universities. Based on the responses of 167 employees from two public universities, the results show a weak investment policy in EPF and a general unsatisfactory attitude towards the current status of EPF investments. Uncertainty in the future of EPF and the scarcity of financial resources are the main barriers of investing in EPF. Employees stress
more » ... rous future corrective actions to enhance the role of EPF in serving the members. Results also show that the monthly salary is the key factor that affects the perception of employees towards the current status of EPF investments, barriers of investments in EPF, and the future corrective actions of EPF. As a rare study in EPF in universities, it offers valuable recommendations to policy-makers to develop the different perspectives of EPF.
doi:10.6007/ijarafms/v10-i3/7900 fatcat:ymo56ypi2bgynkgyea6cmxgkvi