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"Is the Republic's cabinet actually serious about a retirement age of 66, or are they really saying that 70 is eventually going to be the norm, with the enticement of a higher rate of pension 70. People's healthspan, the number of years they will remain healthy, is still increasing, but pensions for an elderly population are going to cost, a Lot! The number of elderly people living for decades in retirement is an actuarial, financial, political and demographic nightmare for future governments; the ideal scenario would be for potential pensioners to die, the before their planned date of retirement after a lifetime of financial contributions, in the form of PRSI and taxation, both direct PAYE and indirect: vat, etc . " Yes agreed but some are being made too retire when they don’t feel that they are ready too pack up and get the bus pass,you for one going by your previous post,and I have too say I’m kinda addicted too a lot of them and love too read would be a great asset too any company or gov position and so would a lot of the ladies on here that would have the same input if not better than the people that make the money from this republic sorry about the miss spelling or the lack of punctuation marks hopefully ye know what I’m getting at S | |||
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"Retire at 66 collect your pension Retire at 70 and earn 15 euro a week more It takes 16 years to catch up the 52000 euro you're down by waiting the 4 years So if you live to 87 you'll be fine " Tick tock clock is against ya b man haha night | |||
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"Is the Republic's cabinet actually serious about a retirement age of 66, or are they really saying that 70 is eventually going to be the norm, with the enticement of a higher rate of pension 70. People's healthspan, the number of years they will remain healthy, is still increasing, but pensions for an elderly population are going to cost, a Lot! The number of elderly people living for decades in retirement is an actuarial, financial, political and demographic nightmare for future governments; the ideal scenario would be for potential pensioners to die, the before their planned date of retirement after a lifetime of financial contributions, in the form of PRSI and taxation, both direct PAYE and indirect: vat, etc . Yes agreed but some are being made too retire when they don’t feel that they are ready too pack up and get the bus pass,you for one going by your previous post,and I have too say I’m kinda addicted too a lot of them and love too read would be a great asset too any company or gov position and so would a lot of the ladies on here that would have the same input if not better than the people that make the money from this republic sorry about the miss spelling or the lack of punctuation marks hopefully ye know what I’m getting at S" Nope, not a clue? | |||
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"The Whole lot is a complete joke , politicians can have MAYBE 3 pensions , TD, Minister & European..and they certainly ain't €200 a week and they don't give a f**k about the ordinary people of this country, you work all your life , you retire then you die , l absolutely can't stand this Government , work now till you're 70 for €60 extra..that's if you live of course...f**k them ." And this is the fooking problem. Absolute cheek of those fuckers | |||
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"It's business not personal ....pensions.and supporting people.at that stage of life costs money...governments don't care what you have contributed to their coffers or to society etc everyone is a number on a spread sheet ...pay into a pension for your future but starve trying to put fuel in your car and heat.your house saveing the planet ....and go to work to pay the pensions of the people who are telling us we must do more for the greater good. White collar gangsters " Very true | |||
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"Is everyone else here saying the age or amount should be increased happy to pay the massively increased tax that would be needed to pay for it?" Maybe we should start with the politicians and introduce one state pension only... Anyhow there's a tsunami coming down the road nobody has mentioned yet: the generations 'rent' that we're creating at present. They'll be homeless when it comes to retirement. Now how did we get to this point? Let's see what we have in the cocktail: A damaged financial system, neoliberal investment policies, housing crisis... it's decades of corrupt, ruthless and failed FF/FG politics. Is that what you call 'responsible with the economy'? | |||
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"I'm lucky really in that I will qualify for Irish and UK pensions. I have no intention working past 66. I started as a 15 year old apprentice, so will have done 51 years of paying paye and prsi by the time I retire. I have always paid my dues and don't feel one bit guilty about taking the pensions." And you shouldnt, i just hope for your sake and all of ours it will be paid... | |||
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"I'm lucky really in that I will qualify for Irish and UK pensions. I have no intention working past 66. I started as a 15 year old apprentice, so will have done 51 years of paying paye and prsi by the time I retire. I have always paid my dues and don't feel one bit guilty about taking the pensions. And you shouldnt, i just hope for your sake and all of ours it will be paid..." | |||
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"Is everyone else here saying the age or amount should be increased happy to pay the massively increased tax that would be needed to pay for it? Maybe we should start with the politicians and introduce one state pension only... Anyhow there's a tsunami coming down the road nobody has mentioned yet: the generations 'rent' that we're creating at present. They'll be homeless when it comes to retirement. Now how did we get to this point? Let's see what we have in the cocktail: A damaged financial system, neoliberal investment policies, housing crisis... it's decades of corrupt, ruthless and failed FF/FG politics. Is that what you call 'responsible with the economy'?" You're absolutely right ministerial pensions need an overhaul, but that is a mere drop in the ocean with regards the pensions crisis. You're also right on the long term renters being a massive problem. Unfortunately there is a paradox here because doing something that's affordable for the country is going to mean smaller cash avaliable for pensions. That's what I mean by being responsible with the economy. I mean not jist building up an unaffordable national debt. | |||
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"We all know it's a looming problem, I fully accept that but I want to see our leaders lead by example. Apparently even Robert Troy will qualify for a pension of a mere 46000 euro due to his limited time as a TD inc a lump sum on retirement, followed on by whatever quangos and boards he sat on a few times a year, they all.come with entitlements as far as I'm aware. I stand to be corrected but I'm sure these c_nts in office have their pockets well lined with golden handshakes and pensions when they eventually get their snouts outta the trough" You're right of course... but its a sideshow to the actual issue. | |||
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"We all know it's a looming problem, I fully accept that but I want to see our leaders lead by example. Apparently even Robert Troy will qualify for a pension of a mere 46000 euro due to his limited time as a TD inc a lump sum on retirement, followed on by whatever quangos and boards he sat on a few times a year, they all.come with entitlements as far as I'm aware. I stand to be corrected but I'm sure these c_nts in office have their pockets well lined with golden handshakes and pensions when they eventually get their snouts outta the trough You're right of course... but its a sideshow to the actual issue." Bitter pills are easier to swallow when the decision makers dance to the same tune. Solidarity and all that! But then turkeys don't vote for Christmas Lol | |||
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"I think it's a great option. if someone is fit and healthy and wants to work till 70 then why shouldn't they, the extra 60 euro is just an incentive to work on but you don't have to.. " I agree like everything in life it should be up too the individual. | |||
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"People seem to forget that most people will likely start work at 21 or 22 years of age and work up to 65.thsts 40 odd years of paying prsi. If they're not going to pay my old age pension then please refund all the money that they've supposedly invested thank you very much. " I'm not sure anyone forgets this. The cost of paying for pensions, and the recieving of pensions is something that we all have to think about because we are the ones that pay the bills, and also will ultimately receive the benefit. Also PRSI is to pay towards all social insurance payments including... Jobseeker's Benefit Jobseeker's Benefit (Self-Employed) Illness Benefit Maternity Benefit Paternity Benefit Adoptive Benefit Parent's Benefit Health and Safety Benefit Invalidity Pension Widow's, Widower's or Surviving Civil Partner's (Contributory) Pension Guardian's Payment (Contributory) State Pension (Contributory) Treatment Benefit Occupational Injuries Benefit Carer's Benefit It's intended to aid those in need in society as far as the state can afford... so no, you can't have your PRSI back. | |||
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"People seem to forget that most people will likely start work at 21 or 22 years of age and work up to 65.thsts 40 odd years of paying prsi. If they're not going to pay my old age pension then please refund all the money that they've supposedly invested thank you very much. " Sure they invested it things like E Voting machines | |||
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