Disjointed Pensions Policy will fail Older People
The Pensions Commission completed its public consultation with a webinar on Wednesday, 21st April 2021. Bizarrely removed from the remit of the Pensions Commission is the Government's commitment to a system of automatic enrolment, a costly mechanism of increasing private pension coverage, subsidised by the State that will obviously have an impact on policy reform relating to the State pension as it has in other countries. Social Justice Ireland has previously published A Universal State Social Welfare Pension, an analysis of Ireland’s pension system and a fully costed proposal for the introduction of a Universal Pension in Ireland based on residency, not social insurance contributions. A better, and more equitable, use of public funds.