Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Tuesday 6 June 2023 Dublin: 14°C

# Pension

Last month
May 2023
# Pension reform
Taoiseach confirms that the state pension will increase in the next Budget
The issue arose in the Dáil after TD Joan Collins asked if the government were going to uphold the roadmap for pensions reform from 2018.
This year
# state pension
Fiscal Council: Working baby boomers should contribute more to fund State pensions
The IFAC has warned the funding of the State pension will come under increasing pressure in the coming decade.
# Paris
France protests: Over 450 arrested in one day and King Charles III's visit cancelled amid unrest
More than 1 million people demonstrated across France against the unpopular plan.
Last year
# Welfare
Core welfare payments increasing by €12 and plan for one-off double payments confirmed
A number of other social welfare measures were also announced.
There will be a double payment of child benefit paid out in November.
The Fuel Allowance is set to have it's means test ceiling raised, alongside a €400 lump sum.
The total package is worth €2.2 billion.
'Our citizens need help': Everything you need to know about Budget 2023
National Security: 1,000 new gardaí, and defence funding to include money for primary air radar
# not ideal
Central Bank warns younger generations may face lower standard of living at retirement
Demographic changes have led to a build-up in wealth among older generations, and a decline in rates of return.
# Age Action
Call for all social welfare payments to be increased by €20 as older people 'turn off heating'
Age Action said the State Pension should be increased by at least €23 in the Budget.
# Pension
Pension age to remain at 66 under new proposals to be announced next month
It’s at odds with the recommendations of the Pension Commission report published last October.
# Your Say
Poll: Do you have a private pension?
Inflation is causing many to consider how financially secure they will be later in life.
# Pension
Government to keep 'open mind' on committee recommendation to maintain state pension at age 66
An Oireachtas Committee has said the pension age should not be increased.
All time
# Welfare
State pension and core social welfare payments to increase by €5 per week
A range of other social welfare increases was announced.
This will bring the full State pension to €253.30 per week.
A €5 increase to the Fuel Allowance comes into effect from midnight.
The Living Alone Allowance will also increase by €3 per week.
# working life
State pension age set to rise by three months each year from 2028 until it hits 67 in 2031
The government this evening published Pension Commission report.
# Fine Gael Think-In
Pension and social welfare payment rises on the cards for next month's Budget
The Social Protection Minister said ‘very difficult decisions’ around the State pension will have to be made.
# pension age rise
Sinn Féin criticises new weekly payment of €203 introduced for 65-year-olds
Mary Lou McDonald said the plan would cost individuals more than 2,000 euro a year.
# Social Welfare
New weekly payment of €203 introduced for 65-year-olds after rise of pension age
A person in receipt of this payment will not be required to be available for full-time work.
# Arrest
Gardaí arrest man over 30-year pension fraud worth over €500k
The man was arrested in Cork city this morning.
# Labour Court
'We've been waiting for 12 years': Hundreds of Community Employment supervisors strike over pension rights
They want the incoming government to implement a Labour Court recommendation issued in 2008 that a pension scheme be put in place for them.
# transport stoppages
French police fire tear gas as hundreds of thousands protest pension reform plans
Commuters in Paris and other big cities have borne the brunt of transport stoppages so far but Christmas travel plans are now at risk.
# state pension
54% of women who had State pensions reviewed after 'cruel' 2012 changes will get more money
Changes to the State pension in 2012 meant carers who took time off work received less in their State pension.
# few bob
Workers earning over €20k aged 23-60 will be 'auto-enrolled' for pension with scheme starting in 2022
Anyone who meets the criteria and not already enrolled in a workplace pension scheme will be automatically added.
# Northern Ireland
Injured victims of the Troubles to get annual pension of between £2,000 and £10,000
Legislation that requires the UK Government to introduce a scheme came into effect at midnight on Monday.
# Your Say
Poll: Are you saving for a pension?
According to ESRI research, men are far more likely to receive a private pension than women.
# Social Protection
'Cruel' State pension changes are still affecting thousands
Despite government revisions, only 32,307 pensioners have received an increase in their pension, which is “significantly lower than expected”.
# Pensions
Over 20,000 pensioners to benefit from rate increase following review
Another 21,294 will remain on their existing rate of payment.
# Retirement
President signs bill that allows public servants work until they're 70
The State pension age is scheduled to increase to 67 in 2021 and 68 in 2028.
# telephone allowance
Some pensioners to begin getting €130 a year phone bill allowance to prevent 'social isolation'
Minister Regina Doherty said it’s important to stay in contact with family and friends as we get older.
# 24 Hours
Irish Life workers to strike for 24 hours over pension scheme this Thursday
A rally will be held outside the Irish Life Dublin offices from 12pm to 2pm on Thursday.
# 24 Hours
Irish Life workers to strike for 24 hours over pension scheme
Irish Life members of the Unite trade union are to strike on 12 April.
# marriage bar
'I never cost the State a penny, but now they're taking part of my pension'
Tens of thousands of people are losing out on receiving a full State pension due to rules that were introduced in 2012.
# Afghanistan
Their sons and husbands are killed fighting for their country, leaving these widows with no income earner
The lives of Afghani war widows are often very difficult.
# beyond 65
Retirement age for public service workers to increase to 70
A number of parties, including Fianna Fail, have called for people to be allowed to work beyond 65 if they so choose.
# pension disparity
U-turn means no solution to shortfall in State pensions 'for quite some time'
Changes introduced in 2012 altered how a person’s state pension is calculated.
# Not Fair
Explainer: Why has a big post-Budget row erupted over women's State pensions?
Many are angry that their State pension payments are significantly smaller than they would have been before 2012.
# Your Say
Poll: Do you expect to have a mortgage paid off before you retire?
A new poll suggests that nearly half of Irish people expect to still be paying off a property loan when they reach retirement age.
# Social Protection
State pension bump of €5 being considered ahead of Budget 2018
An across-the-board increase is reportedly being considered.
# money in the pocket
The pension is definitely going up and Micheál Martin has dismissed claims he's opposed to rises
“We are working towards increasing the pension in the next budget,” Taoiseach Leo Varadkar said.
# Limerick
Man accused of abducting, and stealing savings from, his own elderly father granted bail
Accused James O’Connor is charged with abduction and is also alleged to have stolen over €8,000 of his father’s pension and credit union savings.
# Pot o' gold
Poll: Do you think Enda Kenny's pension payout is excessive?
Kenny is in line to receive a retirement lump sum of €378,000 in addition to annual payments of €126,000.
# money in the pocket
Good news for pensioners: The State pension is going up by €5 a week from today
Fianna Fáil’s Willie O’Dea said promoting the pension increase through a Facebook video was “cynical”.
# Limerick
Man who pocketed wife's pension pot ordered to pay her €10,000 before Christmas
The 71-year-old was ordered to pay the remaining amount of the €40k within a year.
# Social Welfare
'Utterly appalling': Anger expressed at waiting times for carer's allowance claims
More than 4,000 people are waiting for their applications to be processed, with an average wait time of 14 weeks.