IBEC: Solution to pensions crisis must accompany retirement age issue

IBEC: Solution to pensions crisis must accompany retirement age issue
Minister for Public Expenditure Paschal Donohoe at launch of working lives report Pic: RollingNews.ie

Increase in retirees could result in "unsustainable bill for the state"

Business group IBEC today has said that the government must consider the retirement age issue in the context of the impending pension crisis.

While welcoming the publication of the government's report on longer working lives, which today saw Minister for Public Expenditure Paschal Donohoe announce that the state is to encourage the private sector to allow workers to continue past the normal 65 retirement age, the group said that considering this issue in isolation...

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