Why is the Total Contributions Approach being assessed over 40 years. Why not one of the 30 or 35 year's contribution options as in the Actuarial Review of Social Insurance Funds 2015 published in Sept 2017. The minister cannot be suggesting that when the real total contributions system is introduced in 2020 that it will be assessed over 40 years. Besides being political suicide it is also grossly unfair to those who are due to retire in the early 2020s.
Monica Condron
Posted on 25 Jan 2018 6:33 pm
Why is the Total Contributions Approach being assessed over 40 years. Why not one of the 30 or 35 year's contribution options as in the Actuarial Review of Social Insurance Funds 2015 published in Sept 2017. The minister cannot be suggesting that when the real total contributions system is introduced in 2020 that it will be assessed over 40 years. Besides being political suicide it is also grossly unfair to those who are due to retire in the early 2020s.