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ARTICLE · 01 NOVEMBER 2021

Commission On Pensions Publishes Report And Recommendations

William Fry LLP
William Fry LLP
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William Fry LLP

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The planned increase in the State pension age to 67 from 1 January 2021 became a major political issue in the 2020 general election. As a result, the government enacted legislation...

IrelandEmployment and HR

The planned increase in the State pension age to 67 from 1 January 2021 became a major political issue in the 2020 general election. As a result, the government enacted legislation in 2020 to suspend that planned increase in the State pension age.  It now remains at age 66. The government also established a Commission on Pensions (the Commission) to review current State pension arrangements and submit recommendations to government.

On 7 October 2021, the Commission delivered its report making several recommendations to address the fiscal sustainability of the State pension, as well as recommendations on the use of mandatory retirement ages in employment contracts. We have examined two of the core recommendations that will be most relevant for Irish employers and pension trustees.

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