Plumbthedepths wrote: » Paschal.
Yet a closer look at the figures contained within the risk assessment make for stark reading. In the next 40 years, there will be just 2.3 people of working age for every pensioner. There are already measures being taken to address this, one of which is pushing out the State pension age; eligibility for the payment is currently 66 and will rise to 68 by 2028. “The Government has said they will review the age of the State pension on an actuarial basis and a mortality basis on a five-year rolling timescale, so that suggests it could go up again,” says Boylan.
markodaly wrote: » The pension time bomb is a real issue, but its tomorrow's problem, kinda like Climate Change, so people dont care too much about it.https://www.irishtimes.com/special-reports/pensions-focus-2019/defusing-the-pension-time-bomb-1.4053759
markodaly wrote: » The Irish electorate has always thrown their kids under the bus, so long as they get a few €€€ in return. It seems FG is the only party holding firm over the rise of the pension age, which is classic FF, as they agreed to it and signed off on it now. But they will sell their granny/kids if it means it gets them power. Yet, some say it can't get worse than FG? LOL! They will learn.
Bambi wrote: » Should probably encourage people to have more kids Mad idea, eh?
Plumbthedepths wrote: » So public workers get preferential treatment over private sector counterparts... public sector pensions all funded from day to day spending.https://m.independent.ie/business/personal-finance/majority-of-public-servants-avoid-controversial-change-in-state-pension-age-38881873.html
Calhoun wrote: » The government is working hard for those who get up early in the morning, as long as they are in the public sector. The private sector numpties can go F-off. If ever a reason not to vote FG this would be a big one.
Snow Garden wrote: » I was told that in 20 years time there will not be enough money to pay public service and state pensions so people will be means tested. Basically anyone with decent private pensions will not get the state pension.
Idbatterim wrote: » as a private sector worker here, you are voting for the least **** option, than FG. Surprised FF havent proposed ceasing all infrastructure projects, to fund their hair-brained sh*t yet! Back to the boom, double digit percentage increases in welfare and PS pay, every budget!
Calhoun wrote: » I am a private sector worker myself, and this kind of **** that the current establishment has let happen angers the blood. I also have a vulnerable daughter who needs help from health and education perspective and see how slow they move to fix stuff. A vote for FG sends the message this kind of thing is ok.
Cork Boy 53 wrote: » Told by whom?
Plumbthedepths wrote: » So public workers get preferential treatment over private sector counterparts... public sector pensions all funded from day to day spending.
Idbatterim wrote: » both parties are crap. I reckon it will be neck and neck, but its become clear to me, that FF are easily worse! yeah, I have a brother with issues, failed by the state, falls between the cracks. But he is ok now and has a good family. My point is, the others will be worse. Look at the **** FF already talking, they had power for years, the biggest boom we will ever have and what sort of a health, justice system , everything, did they leave?
is_that_so wrote: » It is unlikely to a whole lot different with a new government. Government movement on most things is glacial.
Riskymove wrote: » some points on this PS workers starting since 1995 have an integrated pension, this means the OAP pension is factored in to their pension. The terms and conditions indicated they had to retire at 65 and that whatever pension they were entitled to would be reduced by the amount of the OAP which they would also collect as far as I am aware, in most cases, private sector workers receive the OAP in addition to any pension they receive (i.e. it is not reduced) the supplementary pension includes some conditions: "It comes in for consideration when a person who is umemployed and who through no fault of their own fails to qualify for any Social Welfare entitlement" this means that the public servant must in fact first go through the same process as a private sector worker - i.e. jobseekers or whatever It is only where they do not qualify for any welfare benefit that they can receive the supplementary pension.
Plumbthedepths wrote: » FF/FG making it up as they go along....https://www.independent.ie/irish-news/election-2020/scramble-for-grey-vote-with-pension-age-row-38880849.html
Plumbthedepths wrote: » Public pensions unaffected.
In contrast, private sector workers who are legally obliged to retire at 65 are unable to claim the State pension until a later date as the State contributory pension is now only paid from the age of 66. The State (PRSI) pension age is due to go to 67 next year, prompting a scramble by politicians to promise to row back on the plans as the issue comes during on the doorsteps during canvassing in the General Election. People are annoyed that thousands who are compelled to leave work at the age of 65 have to claim Jobseekers’ Benefit – getting €45 less a week than they would from their pension.https://www.independent.ie/business/personal-finance/majority-of-public-servants-avoid-controversial-change-in-state-pension-age-38881873.html
It has been revealed that public servants get a “supplementary pension” before they can qualify for the State contributory pension at 66. This can be claimed from the age of 63. The Department of Public Expenditure has confirmed that the “supplementary” pension exists, that is basically a substitution for the State pension until public servants reach the State pension age of 66.
Riskymove wrote: » ?? do you meanthe public sector pensions that had levies applied or the additional payments to pensions for all PS workers (in addition to pay cuts) or the entirely new pension scheme introduced in 2013 which will see much reduced pensions and a minimum retirement age of 70 which of those is "unaffected"
Plumbthedepths wrote: » Pay cuts restored, seriously public sector workers were contributing nowhere near required amounts for the pension given. The pensions available up to 2013 were completely unsustainable for the taxpayer to fund. Defined benefit pensions are almost non existent in the private sector.
Riskymove wrote: » two goal post moves is enough for me thanks, we can leave it there
Plumbthedepths wrote: » lol, uncomfortable facts eh?
Riskymove wrote: » There are other threads for the issues you want to bring the discussion off to
Plumbthedepths wrote: » Is that a MOD instruction?
Riskymove wrote: » ? it isn't an instruction of any kind
