A warning has been issued today about the number of Irish adults hoping to live solely on the state pension when they retire.
A study by Amárach research questioned 1,000 people and found a third of them plan to use the state pension as their only source of income in later years.
Nearly 40% will use a combination of state and private pensions, while a fifth do not know how they will fund their retirement.
SmartQuotes.ie, which commissioned the research, warned of the potential for "huge strain" on the exchequer in the future.
The number of active members in occupational pension schemes is 771,878 - a drop of 38,083 members over 2010 levels, according to recent figures published by the Pensions Board.