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

The delayed Pensions Commission report is due to be published after the summer, but employers should carefully consider their own roadmap

Move suggested as number of pensioners increases to 150,000 and annual state pension bill rises to €8bn

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