Take steps to address the pensions crisis now

Employees risk finding themselves with an income gap at retirement, writes Aisling Kelly

9th October, 2016

The recent report of the interdepartmental group on fuller working lives examined the emerging gap between actual retirement ages and the state pension age, and made recommendations to address this problem.

The state pension age increased from 65 to 66 in 2014 and is due to increase further to 67 in 2021 and 68 in 2028. In practice, and probably for the foreseeable future, many employees will still leave service at age 65 in line...

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