‘Soft mandatory’ pensions option for review

THE Government has asked the expert group reviewing the pension crisis to go back to the drawing board in a bid to defuse a potential time bomb.

The Pensions Board Review, published yesterday, was originally intended as a springboard for Government policy to address the fact that almost a million workers have no pension plan in place.

However, Social Affairs Minister Seamus Brennan’s favoured option - a limited form of compulsory pension for everyone - was not considered in any depth by the Pensions Board.