Dáil debates

Tuesday, 7 June 2011

Social Welfare and Pensions Bill 2011: Second Stage

 

Sections 6 and 7 provide for the necessary amendments for a phased increase in the State pension age up to 68 years by 2028, in line with the national pensions framework. This involves the discontinuance of the State pension transition, which is paid at 65 years subject to a retirement condition, from 1 January 2014. The State pension age will be increased from 66 years to 67 years from 1 January 2021 and it will be further increased to 68 years from 1 January 2028. The legislative changes being included in sections 6 and 7 also fulfil one of the commitments in the EU-IMF programme of financial support for Ireland that the previous Government agreed with the IMF.

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