Dáil debates

Thursday, 3 February 2022

Ceisteanna Eile - Other Questions

Pensions Reform

9:30 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

There is a process, and I have outlined what is still to happen in that regard. The Deputy will appreciate that I am not in a position to stand here today and tell the Deputy which recommendations the Government will accept or otherwise. The discussions will continue over the coming weeks and months. The plan is that the Government will outline its full response to the commission's recommendations by the end of March. I appreciate that there are concerns, but let us not be in any doubt that there are no easy options. People are living longer, which is very positive, but it means there are challenges.

Today, there are 4.5 people working for every pensioner. By 2050, there will be two people working for every pensioner. The current pension system is not sustainable and there is no getting away from that fact. Of course, this is not a problem that is unique to Ireland. Countries all over the world are grappling with the same issue.

Comments

No comments

Log in or join to post a public comment.