Younger workers face paying an extra €2,500 a year in taxes so that older people can retire at 66, the State’s budget watchdog warns today. The true cost of keeping the pension age down amid an ageing population is laid bare by the Irish Fiscal Advisory Council. Andrea was joined listeners to discuss how fair this system is and what are the repercussions for younger earners.
"People think there is a pension pot - there is not!"
Younger workers face paying an extra €2,500 a year in taxes so that older people can retire at 66, the State’s budget watchdog warns today. The true cost of keeping the pension age down amid an ageing population is laid bare by the Irish Fiscal...
12.26 31 Aug 2022
