Search Results for 'Pension'

Members of Active Retirement Ireland (ARI) in the Midlands region met in Tullamore this week to discuss the cumulative impact of austerity on the elderly to date and to raise these concerns with local representatives as Budget 2014 approaches. Many who are reliant on the State pension noted the erosion of its value due to additional taxes and rising prices. Accompanied by reduced entitlements and benefits, the elderly are at increasing risk of experiencing isolation, dependency, and deprivation. Members, in their submission, request the protection of the pension and the reversal of savage cuts made to the household benefit package introduced in Budget 2013.

An HSE official has declared there is ‘no financial gain’ to pensioners recently rehired to work for the service following their retirement. Francis Rogers of the HSE said that its policy is not to rehire pensioners “and that is very clear.”

Fewer than one in three female pensioners in Ireland receive the maximum contributory pension and two-thirds rely on non-contributory pension, leaving many women disadvantaged in later life, according to a new report.

One of Ireland’s top pension experts has warned Irish consumers to check their pensions and seek professional advice before making any decisions on it.

Sinn Féin councillor Thérèse Ruane has called for an end to the practice of serving secretaries general receiving massive pension payoffs.

There is a lot of focus on the area of savings for retirement lately. Questions are being asked about the real value in having a pension when we finish working. This is very much an individual choice and one that needs to be addressed in a meaningful way, by all of us at some point. I believe we must plan for our own retirement as no one else will look after us in our non-working years. A pension remains the best way to do this. Here are my top eight reasons why pensions still make sense:

The question may be asked, what is all the fuss about pensions at this time of year? The answer is simple. By making a contribution into your pension before October 31, or November 15 for those who make tax returns online, you will qualify for tax relief on the amount you contribute, thus reducing the net cost to you.

Can I claim tax relief on my life insurance costs?

When you move from one job to another, what becomes of your pension benefit? Have you left pension benefits behind you when you left or changed employment?

The Irish National Teachers’ Organisation said government can afford to pay the cost of teachers’ pensions. The union criticised what it called plans by government to walk away from any responsibility for pensions.