Pension paralysis

After years of inaction, there are now signs that the government is finally doing something about the brewing pensions crisis

Read the quote below. It’s a reasonable summation of the pension policy challenge Ireland faces.

“Like other countries, we are facing a number of significant challenges as a society due to the fact that we have an ageing society and a reducing workforce. We must plan now to ensure the adequacy of retirement incomes and the long-term future and sustainability of our pension system.”

This statement was published more than seven years ago, ...