The Clare Active Retirement PRO has branded a recent proposal to link pension payments to the rate of inflation as ‘fluff’.
Plans are currently being prepared by the Department of Social Protection which would see the benchmarking of social welfare payments to the average industrial wage.
However, the percentage of the average industrial wage which would be linked to the pension or welfare benefits has not been made public.
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Shannon-based Active Retirement member, Kay Murphy, says while she would welcome the move, she’s skeptical the announcement may just be for optics.
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