ESRI Pension Age Suggestion Shouldn’t Be Forced On People Says Clarecare Manager

The general manager of Clare’s largest not-for-profit organisation claims a radical change to the country’s pension system shouldn’t be forced upon people.

It follows a new economic report, which suggests workers should wait an extra five years for state payouts.

Clare FM’s Fiona Cahill reports:

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The ESRI has suggested that the Government should allow people to stay in employment until the age of 70 in order to delay paying their pensions.

It follows a warning about what’s described as a pensions ‘time-bomb’ with the country’s bill spiraling by a billion Euro every five years.

But the think-tank says its not trying to force people to keep working beyond the current retirement age.

Th Clare Older People’s Council says people should be given a choice about whether they stay in employment past the age of 65.

Stella O’Gorman, who is a member of the organisation, says many people are unable pyhsically to continue working at that age.

The General Manager of Clarecare says pushing out the retirement age to save money for Government isn’t a fair approach.

Last week the citizens assembly recommended scrapping the mandatory retirement age but Fiachra Hensey says while many want to stay working there are other issues that need to be considered.