The Role of Foreign Remittances in Old Age Security of Emigrants’ Parents

Abstract

The study was undertaken to examine the role of foreign remittances in old age security of emigrants’ parents. Scope of the study was limited to three selected villages of union council Doag dara, district Dir upper, KPK Pakistan. Enquiry was made from parents of emigrant, therefore, a sample size of 278 respondents was investigated through simple random sampling technique. The data was analyzed through univariate and bivariate level, which indicated old age security of emigrants’ parents was linked with foreign remittances. It was found that they fulfill their basic needs from remittances, get proper care and consult qualified medical doctor for cheek up. They considered remittance is a direct source of income and valued in decision-making process when it managed and invest surplus money to get maximum benefits. Educating old age group, to create profitable income opportunities from the investment of saving, and communication of modern agricultural intervention were major study recommendations.