Thursday, October 18, 2007

Green Paper on pensions

Main issues:

  • Possible reform of the social welfare pension
  • Introduction of a mandatory pension system
  • Introduction of an SSIA-type fund-matching approach to incentivise voluntary pension investment
  • Amending requirement that most pension savers buy an annuity upon retirement
  • Possible reform of public-sector pensions for future entrants
  • Adjustment to the operation of the funding standard

© 2007 The Irish Times

This article appears in the print edition of the Irish Times

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