Pensions
# pensions - Thursday 16 May, 2013
Survey finds the majority of people are unaware of pension tax breaks
A survey for Standard Life found that the average adult has a pension of about €4,000 per annum to live on.
# pensions - Sunday 28 April, 2013
Column: Young people should leave school financially literate
How pensions work, how to read a payslip, dealing with personal taxes, how to choose and take out a loan (and how to pay it back), these should all be taught in school, writes Sinead Doherty.
# pensions - Saturday 27 April, 2013
Aaron McKenna: We need to pay for our pensions to remove the burden on future taxpayers
The only way to ensure the long-term prosperity of our retirees without burdening our children with unfair taxes is to create a state-backed – rather than entirely state funded – pension system that is means tested, writes Aaron McKenna.
# pensions - Thursday 25 April, 2013
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
EU’s top court says Ireland must pay Waterford Crystal pensions
Ten workers win a major case at the European Court of Justice, which says Ireland is responsible for stepping in.
# pensions - Tuesday 23 April, 2013
Rip-off pension charges make a ‘huge difference’ to your pension pot, says OECD expert
John Martin, who was behind the major OECD study published into Ireland’s pensions timebomb, says private pensions need to start sending regular letters out to people. Here’s why.
# pensions - Monday 22 April, 2013
The Evening Fix… now with added dogs comforting people
Here are the things we learned, loved and shared today…
Pensions timebomb: Let’s link pension age to life expectancy, says expert
People are living longer so it makes sense to increase the pension age beyond 68 – so says the man behind today’s OECD report into Ireland’s pensions.
The 5 at 5: Monday
5 minutes, 5 stories, 5 o’clock…
OECD report recommends mandatory pensions for private workers
The report, commissioned by Joan Burton, outlines a range of options for reforming and updating Ireland’s pensions systems.
# pensions - Monday 15 April, 2013
Column: ‘Over the past five years, I’ve seen the heart being torn from our schools’
Cuts to teachers’ salaries and increased taxation have left some of my colleagues just making ends meet, writes Carmel Hume.
# pensions - Saturday 9 March, 2013
The 9 at 9: Saturday
Good morning. Here are the nine stories you need to know as you start your day.
Two years’ service means ministers now guaranteed to receive pensions
The government was appointed two years ago today – meaning senior ministers now have enough service for a pension.
# pensions - Sunday 3 March, 2013
Column: How much does each TD actually cost the State?
The annual pay of ministers and TDs doesn’t come close to recognising the true financial cost of hiring them, writes Sarah O’Neill.
# pensions - Friday 1 March, 2013
Public workers have 18 months to retire on ‘peak’ pay
Staff who retire before August 2014 will receive pensions based on the salary they had before the ‘Croke Park 2′ pay cuts.
# pensions - Sunday 24 February, 2013
Column: Croke Park talks show there is no ease up on austerity
Trumpeting their success with the promissory note last week, up against the unions this week. We are not out of the woods yet, not by a long shot, writes Kieran Allen.
# pensions - Wednesday 30 January, 2013
Column: TDs’ pensions should reflect Ireland’s economic reality
Politicians are just the same as other public servants – and their expenses should be reduced in line with the sacrifices being made across the country, writes Sarah O’Neill.
# pensions - Saturday 5 January, 2013
Savings, shopping and J.Lo: The week in numbers
Did Irish people get any better at saving in 2012? And how much will the next batch of new TDs pay for a pension?
# pensions - Friday 4 January, 2013
New TDs will contribute more than double to their pensions
Current TDs contribute 6 per cent of their own salary towards their pension – but that’ll rise to 13 per cent for any new ones.
# pensions - Saturday 8 December, 2012
SIPTU president urges Taoiseach to introduce pensions tax sooner
In a letter to Taoiseach Enda Kenny, Jack O’Connor says that introducing the 41 per cent rate on pensions over €60,000 sooner would obviate the need for certain cuts.
# pensions - Wednesday 5 December, 2012
Finance Minister announces changes to pensions
The reduced USC rate for some of those aged over 70 is to be discontinued, while tax relief on pension contributions will soon only subsidise pension schemes under €60k per annum.
Budget 2013: the main points from today’s announcements
Here are the most notable measures announced by Ministers Howlin and Noonan today.
# pensions - Saturday 1 December, 2012
Budget 2013: Four days to go, here is the speculation so far
The Budget is days away and though there has been fewer leaks than last year there’s plenty of speculation. This is what we can expect on Wednesday… definitely, maybe.
# pensions - Thursday 29 November, 2012
Average pension income for retired women 2/3 that of men
New figures also show that half of male retirees have a supplementary pension, but only a third of woman have one.
# pensions - Wednesday 28 November, 2012
Oireachtas agenda: CIE debts, employment rights, abortion vote
Today’s business at Leinster House will include a debate on employment rights for immigrants of questionable working status.
# pensions - Sunday 25 November, 2012
Guineys workers still in limbo over pensions
Many of the workers who lost their job when Guiney & Co closed down in September had more than 25 years service – but now their pension remains up in the air.
# pensions - Thursday 22 November, 2012
NTMA Chief says State Street “perpetrated a fraudulent act”
State Street said the individuals involved in improperly taking commission are no longer with the company.
Column: Why force people to retire at 65, or any age?
Scrapping mandatory retirement means people can contribute to the economy – and their pensions – for as long as they wish, writes Peter Kavanagh.
# pensions - Saturday 17 November, 2012
Aaron McKenna: Large pay packets aren’t an injustice – they’re a reward
Controversy over generous pension arrangements for executives means we risk throwing the baby out with the bathwater.
# pensions - Wednesday 14 November, 2012
Labour TD calls for bankers’ pay and pensions to be tackled
Labour Party TD for Dublin North Brendan Ryan says the Irish public “will not stand for further cuts in education or other frontline services”.
Top execs pension contributions 36 times more than other staff
ESRI research shows companies contribute an average of €100,000 for top executives compared to just €2,700 for other employees.
Half of Údarás na Gaeltachta budget spent on former employees’ pensions
Sinn Féin Senator Trevor Ó Clochartaigh said the government is doing “untold damage” to the future of the Gaeltacht.
# pensions - Thursday 8 November, 2012
Gilmore says €500,000 salaries for bank executives is “not acceptable”
The Tánaiste’s comments follow the release of figures that show six current executives at the former Anglo Irish Bank earn over half a million euro a year.
# pensions - Wednesday 7 November, 2012
Super-levy needed for high pensions, says Labour Party Chairman
All pensions over €100,000 a year should be subject to a levy of 10 per cent, rising to 25 per cent on pensions over €500,000, says Colm Keaveney TD.
# pensions - Tuesday 6 November, 2012
AIB chief executive asks senior executives to give up pensions
Enda Kenny says the AIB chief has written to former executives, asking them to recall their ‘moral responsibility’.
# pensions - Saturday 27 October, 2012
Saorview, sales and Shakhtar Donetsk: The week in numbers
Plus – what’s the monetary value of virginity? And what was Ireland’s best-performing sales sector in September?
# pensions - Tuesday 23 October, 2012
The Evening Fix: Now with added muscle music
Here are the things we learned, loved and shared today.
Charges could see value of pensions drop by 31pc – report
A Department of Social Protection report says costs levied by pension companies can take huge chunks off their value.
# pensions - Saturday 13 October, 2012
Tolls, prizes and liquid nitrogen: The week in numbers
How much is the Nobel Prize worth to YOU? And after the first two debates, how likely is it that Obama will remain president?
# pensions - Friday 12 October, 2012
Strike likely as talks over Aer Lingus and DAA pensions break down
Efforts to resolve the €748 million deficit in the pensions scheme ended “in disarray” last night, SIPTU says.
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