Irish pension system overly reliant on state pension, report says
One in four Irish people never review their pension scheme
One in four Irish people never review their pension and Ireland is ranked only 11th out of 25 countries in a global pension index.
The 2015 Melbourne Mercer Global Pension Index is a comparison of the sustainability of pension provision. While it indicates a relatively strong Irish pension system, the report ranks the sustainability of this system in just 20th position.
This is due to an over-reliance on the Irish state pension, which ...