Jack Chambers (Dublin West, Fianna Fail) | Oireachtas source

I will finish by giving some further context. We brought forward the increased mandatory retirement age for those who choose to avail of it. The legislative change also allows uniformed members of the single scheme to continue accruing referrable amounts towards their occupational pensions for the additional years now worked. These members will continue accruing pension benefits on a fast-accrual basis up to the age of 60.

Another issue that is occasionally raised by the single scheme uniformed members is access to a supplementary pension, which exists in pre-existing public service pension schemes. However, supplementary pensions have never been a feature of the single scheme, nor is it envisaged that they will be. The wider context, which the Deputy can appreciate, is to try to have some sustainability in the overall pension system, which has been well flagged by many external and independent experts.

We all engage with many uniformed service members of the State who do an incredible job on the front line. However, we are trying to get the balance in the context of what represents a longer term risk. We see the actuarial analysis around that in terms of the total pension liability the State has.

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