David McWilliams: How to solve our pension crisis

Save a surge in immigration or the weekly payment falls, younger workers will have to maintain the system

Are people being forced to dip into the pension pot earlier then expected? Pic: iStock

How much will be left for your pension? This is the question you should be asking yourself because the notion that the tap will be still on, with crisp euros gushing out when you reach retirement age, is at the very least a dubious proposition.

At the moment, unlike most of the rest of Europe, Irish demographics are still just about right, thanks in the main to the Pope’s Children baby boom that ...