Eddie Casey: Pension costs are a big challenge, but we need to address them now
As a nation, we’re getting older, and that means more expenditure on pensions, health and long-term care, the cost of which is likely to almost double by 2050. So how do we fund it?
Big challenges are often difficult to grapple with. Two that immediately spring to mind are the pandemic and climate change. Covid-19 has reminded us how uncertain our world is and how quickly circumstances can change, while climate change is a slow-burning challenge that can often seem distant and abstract.
The Irish government has set its stall out to tackle these issues over the next five years. But another big challenge is looming in the shape ...