Pensions green paper ‘within a year’

A GOVERNMENT Green Paper on future pension provision will be published “well within 12 months” the Minister of Social Welfare Seamus Brennan said yesterday.

Mr Brennan, who was speaking at the publication of the latest annual report of the Pensions Board added that detailed proposals for a new mandatory system of pensions, prepared at his request by the Pensions Board are currently with Government.

It is understood that senior officials in the Departments of Finance and Social Welfare are currently going through them with a fine tooth-comb and it will be some time before a detailed response is provided.