Pensions
Humphreys pulls back pension reform until after local elections
Minister’s plan, which means many workers will miss out on the maximum state pension rate of €265 per week, is to be phased in from 2025
Heather Humphreys, the Minister for Social Protection, has delayed a second controversial pension reform until after the local elections.
The new “total contributions” rule for the state pension was due to be phased in from January to save the state €43 billion in pension payments by 2070.
It would have meant that tens of thousands of workers with fewer than 40 years in employment would miss out on the maximum state pension rate of €265 ...
