Some 20 per cent of retired people are earning far more in their pensions than they ever did in their wage packets, according to new research.
The Economic and Social Research Institute (ESRI) investigated the difference between wages and pension income by accessing a long running Trinity College Tilda study into 8,500 people aged 50 and over.
Its researchers found that 20 per cent of retired people were getting pensions worth 1.6 times what they had been earning...
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