FG: Pensions ‘timebomb’ won’t be defused by mandatory packages

Fine Gael opposes mandatory pensions as a way to address the so-called ‘‘pension timebomb’’, according to the party’s finance spokesman, Richard Bruton.

26th August, 2006

Fine Gael opposes mandatory pensions as a way to address the so-called ‘‘pension timebomb’’, according to the party’s finance spokesman, Richard Bruton.

The party is drawing up a tailored voluntary pension package targeted at low-paid earners and will start talks on the issue with its alternative government partner, the Labour Party.

Bruton wants to see voluntary pension contributions from low income earners matched by the state on a euro-for-euro...

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