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#Pensions

# pensions - Saturday 21 September, 2013

Former Financial Regulator was paid €13,000 in untaken holidays on retirement

The Minister for Finance this week revealed that the former Financial Regulator has taken cuts totalling €24,000 to his pension.

# pensions - Monday 16 September, 2013

Cut in private pension tax break could facilitate universal pension for all over 65s

A study by Social Justice Ireland was launched earlier today.

# pensions - Tuesday 10 September, 2013

Two thirds of Irish householders have seen their income reduced in past year

A new survey from Friends Firsts shows 67 per cent have seen a reduction in income. Elsewhere, there’s an increase in the number of people in work investing in a pension.

# pensions - Tuesday 3 September, 2013

Pension fund values see growth of 11 per cent

The growth comes despite the government levy on savings which took almost €500 million last year.

# pensions - Friday 16 August, 2013

Column: I hope I hold on to my health – I don’t think I can afford to get sick

With the number of older people in consistent poverty doubling over just one year, pensioner Gordon* explains what daily life is like for him – and how he fears for the future.

# pensions - Tuesday 16 July, 2013

21 bankers in Ireland earned more than €1 million in 2011

Another EU state had 2,436 individuals earning over €1 million in the same year.

# pensions - Monday 17 June, 2013

Most prosecutions for failure to pay pension contributions were construction firms

In the Pension Board’s annual report, it also criticised the poor pension administration and expressed concern about low assets for defined benefit schemes.

# pensions - Saturday 15 June, 2013

Bruton defends spending the last of the nation's savings

The final €6 billion left in National Pensions Reserve Fund is to be used to boost employment, says Richard Bruton TD.

# pensions - Monday 27 May, 2013

79 per cent increase in number of complaints to pensions ombudsman

Paul Kenny’s report illustrates a significant increase in the number of difficulties experienced by the public.

# pensions - Wednesday 22 May, 2013

Column: Getting financial advice is a good idea, but check the small print

High commissions charged by financial advisors means there is always a conflict of interest when dealing with clients and many are far too well paid for their efforts, writes David Quinn.

# pensions - Thursday 16 May, 2013

Survey finds the majority of people are unaware of pension tax breaks

A survey for Standard Life found that the average adult has a pension of about €4,000 per annum to live on.

# pensions - Sunday 28 April, 2013

Column: Young people should leave school financially literate

How pensions work, how to read a payslip, dealing with personal taxes, how to choose and take out a loan (and how to pay it back), these should all be taught in school, writes Sinead Doherty.

# pensions - Saturday 27 April, 2013

Aaron McKenna: We need to pay for our pensions to remove the burden on future taxpayers

The only way to ensure the long-term prosperity of our retirees without burdening our children with unfair taxes is to create a state-backed – rather than entirely state funded – pension system that is means tested, writes Aaron McKenna.

# pensions - Thursday 25 April, 2013

The 5 at 5: Thursday

5 minutes, 5 stories, 5 o’clock…

EU's top court says Ireland must pay Waterford Crystal pensions

Ten workers win a major case at the European Court of Justice, which says Ireland is responsible for stepping in.

# pensions - Tuesday 23 April, 2013

Rip-off pension charges make a 'huge difference' to your pension pot, says OECD expert

John Martin, who was behind the major OECD study published into Ireland’s pensions timebomb, says private pensions need to start sending regular letters out to people. Here’s why.

# pensions - Monday 22 April, 2013

The Evening Fix… now with added dogs comforting people

Here are the things we learned, loved and shared today…

Pensions timebomb: Let's link pension age to life expectancy, says expert

People are living longer so it makes sense to increase the pension age beyond 68 – so says the man behind today’s OECD report into Ireland’s pensions.

The 5 at 5: Monday

5 minutes, 5 stories, 5 o’clock…

OECD report recommends mandatory pensions for private workers

The report, commissioned by Joan Burton, outlines a range of options for reforming and updating Ireland’s pensions systems.

# pensions - Monday 15 April, 2013

Column: ‘Over the past five years, I’ve seen the heart being torn from our schools’

Cuts to teachers’ salaries and increased taxation have left some of my colleagues just making ends meet, writes Carmel Hume.

# pensions - Saturday 9 March, 2013

The 9 at 9: Saturday

Good morning. Here are the nine stories you need to know as you start your day.

Two years' service means ministers now guaranteed to receive pensions

The government was appointed two years ago today – meaning senior ministers now have enough service for a pension.

# pensions - Sunday 3 March, 2013

Column: How much does each TD actually cost the State?

The annual pay of ministers and TDs doesn’t come close to recognising the true financial cost of hiring them, writes Sarah O’Neill.

# pensions - Friday 1 March, 2013

Public workers have 18 months to retire on 'peak' pay

Staff who retire before August 2014 will receive pensions based on the salary they had before the ‘Croke Park 2′ pay cuts.

# pensions - Sunday 24 February, 2013

Column: Croke Park talks show there is no ease up on austerity

Trumpeting their success with the promissory note last week, up against the unions this week. We are not out of the woods yet, not by a long shot, writes Kieran Allen.

# pensions - Wednesday 30 January, 2013

Column: TDs’ pensions should reflect Ireland’s economic reality

Politicians are just the same as other public servants – and their expenses should be reduced in line with the sacrifices being made across the country, writes Sarah O’Neill.

# pensions - Saturday 5 January, 2013

Savings, shopping and J.Lo: The week in numbers

Did Irish people get any better at saving in 2012? And how much will the next batch of new TDs pay for a pension?

# pensions - Friday 4 January, 2013

New TDs will contribute more than double to their pensions

Current TDs contribute 6 per cent of their own salary towards their pension – but that’ll rise to 13 per cent for any new ones.

# pensions - Saturday 8 December, 2012

SIPTU president urges Taoiseach to introduce pensions tax sooner

In a letter to Taoiseach Enda Kenny, Jack O’Connor says that introducing the 41 per cent rate on pensions over €60,000 sooner would obviate the need for certain cuts.

# pensions - Wednesday 5 December, 2012

Finance Minister announces changes to pensions

The reduced USC rate for some of those aged over 70 is to be discontinued, while tax relief on pension contributions will soon only subsidise pension schemes under €60k per annum.

Budget 2013: the main points from today's announcements

Here are the most notable measures announced by Ministers Howlin and Noonan today.

# pensions - Saturday 1 December, 2012

Budget 2013: Four days to go, here is the speculation so far

The Budget is days away and though there has been fewer leaks than last year there’s plenty of speculation. This is what we can expect on Wednesday… definitely, maybe.

# pensions - Thursday 29 November, 2012

Average pension income for retired women 2/3 that of men

New figures also show that half of male retirees have a supplementary pension, but only a third of woman have one.

# pensions - Wednesday 28 November, 2012

Oireachtas agenda: CIE debts, employment rights, abortion vote

Today’s business at Leinster House will include a debate on employment rights for immigrants of questionable working status.

# pensions - Sunday 25 November, 2012

Guineys workers still in limbo over pensions

Many of the workers who lost their job when Guiney & Co closed down in September had more than 25 years service – but now their pension remains up in the air.

# pensions - Thursday 22 November, 2012

NTMA Chief says State Street "perpetrated a fraudulent act"

State Street said the individuals involved in improperly taking commission are no longer with the company.

Column: Why force people to retire at 65, or any age?

Scrapping mandatory retirement means people can contribute to the economy – and their pensions – for as long as they wish, writes Peter Kavanagh.

# pensions - Saturday 17 November, 2012

Aaron McKenna: Large pay packets aren’t an injustice – they’re a reward

Controversy over generous pension arrangements for executives means we risk throwing the baby out with the bathwater.

# pensions - Wednesday 14 November, 2012

Labour TD calls for bankers' pay and pensions to be tackled

Labour Party TD for Dublin North Brendan Ryan says the Irish public “will not stand for further cuts in education or other frontline services”.