Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

Joint Oireachtas Committee on Social Protection

Report of the Commission on Pensions: Discussion (Resumed)

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

It does. In terms of the potential savings of raising the pension age, I will go back to Mr. Duggan's point about being realistic. Realistically, a number of these people, if they are forced to work on to 68, will find themselves in receipt of some kind of social payment, rather than actual work. Age Action described this point very well last week in that we know once people get into their 50s and 60s, it is much harder to get another job. Is it realistic to suggest this level of savings, given the Department of Social Protection's analysis suggested that many of these people will still require an alternative form of payment?

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