Is Ireland On The Verge Of A Pension Abyss?

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Is Ireland On The Verge Of A Pension Abyss?

Ireland will need an extra four million migrants to sustain State pension system by 2051. The warning was made to the Government-appointed Pensions Commission which says changing population demographics will mean a greater proportion of people will be claiming a pension in the coming decades. So is now the time for action? To debate the issue we heard from Cormac Lucey Economics Commentator with The Sunday Times and Michael Taft Economist for SIPTU. Listen and subscribe to Newstalk Breakfast on Apple Podcasts or Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

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Is Ireland On The Verge Of A Pension Abyss?