Now is not the time for compulsory pensions, say business groups
UPDATE: Business representative body IBEC said that now is not the right time to introduce a compulsory pension scheme.
Business representative body IBEC said that now is not the right time to introduce a compulsory pension scheme.
It released the statement in response to a [report into Ireland's pension system] by the OECD.
The group said the economic recovery was too fragile and any move to introduce such a scheme would have an immediate negative impact on jobs, consumer confidence and economic recovery.
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