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Pensions Commission

Pensions

Increasing PRSI to a ‘steady state’ of 18.5% will reduce pensions burden for future taxpayers - Ifac

The state’s budgetary watchdog estimates that switching to a partially-funded model for the pension system could result in the build-up of a massive fund well in excess of €100 billion
  • Lorcan Allen
  • March 30, 2023
Pensions

Ifac: Workers may have to pay average of €2,150 more in taxes to preserve pension age

Keeping the state pension age at 66 years will have a big impact on future workers, according to the Irish Fiscal Advisory Council, who say the typical earner will have to pay an annual PRSI increase of €1,800 and a tax increase of €350
  • Michael Brennan
  • July 9, 2022

Simply Better
Back to School

Delicious recipes by Neven Maguire

This Working Life: A clear retirement policy is key to making the process easier for all

The delayed Pensions Commission report is due to be published after the summer, but employers should carefully consider their own roadmap
  • Anne Lyne
  • August 15, 2021

ESRI moots extending PRSI to pensioners

Move suggested as number of pensioners increases to 150,000 and annual state pension bill rises to €8bn
  • Michael Brennan
  • June 13, 2021

The pensions problem: who will pay for our next rainy day?

The social insurance fund was running out of money even before it was used to pay for the Pandemic Unemployment Payment – but raising the pension age is an issue few parties want to confront
  • Michael Brennan
  • December 6, 2020

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