Half of workers have no pension plan

Official figures showing that well under half of workers are making plans for any sort of retirement pension highlights again the challenges facing the Government and the pensions industry as the State’s population ages.

The CSO’s Pension Provision report showed under 47% of people with jobs had a pension, while only 46% of working women had made any provision for their retirement.

The findings are from the large Quarterly National Household Survey for the last three months of 2015, published yesterday.