Workers can check out, but never leave: Can the government’s controversial plan defuse the pensions timebomb? | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Workers can check out, but never leave: Can the government’s controversial plan defuse the pensions timebomb? obraonain reports.

The government is aiming to get 750,000 pension-less people to save for their retirement. Picture: Fergal Phillips

“Nobody has ever accused pensions of being sexy.” That was Fine Gael senator Barry Ward’s take on the state’s new scheme for private sector workers. Ward’s comment in the Seanad last week served to illustrate why 750,000 workers have no private pension at all, and are now going to be enrolled into one automatically within the next year and a half.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tycoon Desmond sets out luxury development plans for Caribbean island | Business PostThe billionaire mogul has dismissed reports of a rift with his business partner over a scheme to establish a high-end resort on Canouan, the St Vincent and Grenadines island whytebarry Rumors had it that the lucky island was gonna be Barbados, but that's contrary to what most ppl believe to be true. It's the island of Canouan which is part of St Vincent and the Grenadines; an exclusive port destination for the rich and richest... with yatchts
Source: businessposthq - 🏆 8. / 71 Read more »

Highest civil service post only open to those in the sector | Business PostThe government will not seek applications from the private sector to succeed top mandarin Martin Fraser when he leaves the job later this year obraonain In other words: You have had to pass all the filters that ensure that you are a 100% entitled and useless bureaucrat.
Source: businessposthq - 🏆 8. / 71 Read more »

Caught in the crossfire: Rescue efforts underway as sanctions loom on oligarch’s Irish refinery | Business PostRussian billionaire Oleg Deripaska’s aluminium firm Rusal is being squeezed as part of the wider sanctions on the Putin regime – which spells bad news for one of his assets, the Aughinish plant in Askeaton, Co Limerick peterodwyer1 .... sitting on the fence ...
Source: businessposthq - 🏆 8. / 71 Read more »

NoFrixion to double workforce as instant payments rollout begins | Business PostThe Dublin-based payments tech start-up said the business would ‘enter international markets from the start’
Source: businessposthq - 🏆 8. / 71 Read more »