Ireland. Mandatory retirement age may be abolished
The Citizens’ Assembly is to tell the Government to abolish mandatory retirement ages, eliminate the time gap between retirement and eligibility for the old age pension, and to link that pension to average earnings, writes Caroline O’Doherty.
The recommendations follow a weekend of hearings at which the assembly discussed a wide range of issues to do with income, work, and pensions for older people.
Sixteen proposed recommendations were voted on and will form the basis for a detailed report to be sent to the Dáil and Seanad.
On the question of abolishing mandatory retirement ages, 86% of the assembly members present said this practice should be outlawed, while 96% said the anomaly whereby people who are forced to retire at 65 but can not get the State pension until they are 66 should be removed.
A recommendation to seek the introduction of some form of mandatory pension scheme to supplement the state pension was backed by 87%, and 88% said the pension should be benchmarked to average earnings.
A large majority also voted to recommend the rationalisation of private pension schemes.
On general issues of care for older people, the majority voted to recommend the allocation of more resources, with the preference that funding be ringfenced and come from a compulsory social insurance payment.
Read complete news here: Irish Examiner