Typical pension contributions in private sector firms are now so low that employees face a retirement of poverty, with women hardest hit.
Some – if they start saving late – will be lucky to have €50 or €75 a week in occupational pensions when they retire (see table).
Total average weekly pension contributions – as calculated by the Irish Association of Pension Funds – are now at 11.1 per cent of pay, with employers paying...
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