Dragging its heels: government still not acting on pensions
Experts feel the government is doing little to address Ireland’s looming pension crisis
There’s a pension crisis brewing – fuelled by an ageing population and inadequate private sector pension provision. Estimates suggest that only about half of workers have a pension, with the rest set to rely on the state pension in retirement.
As it stands, the state pension is just short of €12,000 annually, but future financial pressure on the state could see this amount fall, ...