Pension policy impasse

The continued inaction by the government on pension policy is proving to be a massive headache, writes Emma Kennedy.

1st June, 2013
Joan Burton has, for now, decided not to make changes to the pensions priority order. Photo: Tony O'Shea

Pension policy continues to be shrouded in massive uncertainty and, while many pension funds struggle with deficits, the government has kicked the can down the road yet again.

The Minister for Social Protection, Joan Burton, recently published the Social Welfare and Pensions (Miscellaneous Provisions) Bill 2013. In terms of pensions, the bill will see the Pensions Board renamed as the Pensions Authority and will also establish a new body, the Pensions Council. However, the bill...

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