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Sunday 10 December 2023 Dublin: 7°C

# Pensions

Last month
November 2023
Workers prepared to pay price of keeping pension age at 66, says Varadkar
Sinn Fein accused the Government of disrespecting workers by not giving them the option of retiring and claiming the state pension at the age of 65.
This year
2023
Why a tiny tax increase no-one noticed could mean higher charges on the way for Irish workers
There was a tiny tax rise in the Budget which barely got any attention – but it should, writes Paul O’Donoghue.
Pensions: Confusion and delay - when will the auto-enrolment train arrive at the station?
Ralph Benson of Moneycube looks at the planned changes to pensions and has some advice for employees and employers.
Intergenerational fairness? The question mark over making people 66 and older pay PRSI
Ireland’s population is ageing and we need more money from PRSI for pensions – but who’s going to pay it?
Auto-enrollment pension plan to be up and running in 2024, says minister
Minister Heather Humphreys will bring legislation underpinning the scheme in this Dáil session.
Watchdog concerned at increase in Irish people planning to retire without a pension
There is an increase in people planning to retire relying on cash savings only.
Why there's a push to take pensions decisions out of the hands of politicians
Those receiving the state pension remain at the whims of politicians.
EU Commissioner says auto-enrol pensions should be 'transparent' about climate sustainability
Pre-legislative scrutiny of Ireland’s auto-enrolment pension scheme called for funds to be prohibited from investing in fossil fuels.
Govt TDs push to ensure auto-enrolment isn’t a 'Trojan Horse' for cutting state pension
The government previously said the state pension would remain stable by increasing the rate of PRSI paid by workers.
Automatic pension scheme should not invest in fossil fuels, Government told
A report by
Lauren Boland
A new auto-enrolment pension scheme for workers has undergone scrutiny as the government prepares to put forward legislation.
A newly published report advises that investment funds in the scheme should not be allowed to invest in fossil fuels.
It also recommends that a minimum percentage of the funds should be invested in renewable energy development.
Govt prioritising getting pension auto-enrolment up and running, Humphreys says
A report on the proposed auto-enrolment scheme recommended a two-year lead in time.
French court to decide on pension reform after months of protests
Some demonstrations have turned violent since Macron’s government forced the bill, which would raise pension age from 62 to 64, through parliament.
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.
French citizens again protest against Macron’s planned pension age increase
The French president wants to raise the retirement age from 62 to 64.
Upcoming cost-of-living package to contain 'social welfare and pensions' element
Ministers will meet this week to discuss the detail of what measures should be extended.
The Explainer x Noteworthy: Are Irish pensions invested in fossil fuels?
Lauren Boland of The Journal and Ciarán Hughes of ethical investment company Ethico tell Susan Daly about the relationship between pensions and fossil fuels.
Last year
2022
Financial advisor: Your job just gone? Here's what you should do right now to mind your money
There are financial steps you can take to alleviate the stress of losing a job, according to Mark O’Sullivan of Provest.
Explainer: How will the auto-enrolment pension scheme work?
The new scheme is set to apply to over 750,000 workers across the country.
Taoiseach says there is a 'risk to senior ministers' if Garda drivers not reintroduced
‘A lot of ministers don’t want to return to Garda drivers,’ he said.
Ceann Comhairle to review Dáil footage after Taoiseach says opposition hecklers 'not pulled up'
The Taoiseach said that McDonald had been “not telling the truth” on the pension scheme changes.
Almost 1 in 4 people close to retirement age have no pension plan
38% of adults surveyed have no pension plan in place.
Opinion: The cost of living crisis is eating into disposable income - can Budget 2023 help?
Financial advisor Ralph Benson has some tips in relation to pensions and savings to be made ahead of Budget 23.
Pension age shouldn't go beyond 66, says Micheál Martin
Additional PRSI contributions will be needed to ensure the pension age is not increased, says Micheál Martin.
Help for renters, pension and social welfare increases as 'more room to manoeuvre' in Budget
Taoiseach said renters “will be considered” in October’s budget.
Proposals on State pension age to be brought to Govt 'very soon', says minister
The Pension Commission has recommended that the State pension age should rise to 67 by 2031.
Taoiseach told renters can't afford a pension when they're paying €2,000 in rent
Opposition parties raised concerns about reports that the new pension scheme is needed to pay for ‘generation rent’ who will never own a home.
750,000 workers set to be auto-enrolled in new pensions scheme by early 2024
Auto-enrolment was initially meant to start this year but due to the pandemic the roll out was delayed.
Poll: Do you have a pension?
The Government plans for auto-enrolment was delayed due to Covid-19
Poll: Do you have a private pension?
Inflation is causing many to consider how financially secure they will be later in life.
Opinion: Government is missing the links between the housing crisis and growing pension problem
Rory McNab says Ireland’s unaffordable housing means a whole generation will be without pension cover in years to come.
All time
Opinion: How to get financially fit in 2022 - some advice from an expert
Financial expert David Quinn has some advice on how to flex your financial muscles in 2022.
Opinions: Setting up a pension is merely a way of caring for your future self
On pensions awareness week, financial expert David Quinn has advice for anyone who has not yet set one up.
Keeping the State pension age at 66 is 'unsustainable', says new report
Not changing the current policy on pensions would cost around €50 billion, the Department of Finance report says.
Ombudsman ordered bank to reimburse money to child's account after father withdrew €66,000
The financial services ombudsman has released his decisions from the second half of last year.
Man (50s) arrested in Cork over suspected pension fraud released without charge
Gardaí said a file would be prepared for the Director of Public Prosecutions in relation to the matter.
The public will no longer get to know how much former Taoisigh and ex-ministers are paid
Sinn Féin’s Pearse Doherty has said that it’s important for transparency on the issue and added: “At the end of the day, it’s public money.”
'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.
State pension: Taoiseach says 65-year-olds will still have to sign on under Fine Gael's new plan
Taoiseach Leo Varadkar confirmed to reporters today that the transitional pension would only apply to 66-year-olds.
The State pension 'mess': Can we afford to roll back on the pension age?
Finance expert Dr James Stewart told TheJournal.ie that pensions age issue had become “a bit of a mess”.
Bríd Smith: The main political parties 'loaded the gun and pulled the trigger on the pension age'
People Before Profit TDs have called for the pension age to be reversed to 65.