State ‘should fund our pensions’

THE bulk of Irish people believe the State, not individuals, should fund their pensions, a survey has found.

Just 12% thought they should have to carry the burden of providing for their old age while a massive 88% said pensions should be state funded.

The survey found also that after several years of promotion by the state just 50% of those employed in this economy have a private pension, way below the 70% target.