Elderly face work beyond retirement age over pensions crisis

OLDER people may have to work past 65 in the future due to the pensions time bomb, a conference was told yesterday.

There are 750,000 Irish people over 55 and the number of young workers who will fund their future pensions is due to drop dramatically, according to the organisers of the conference on anti-discrimination and older people.

“We’re going to have a huge problem. People are healthier now and living much longer, so we have to look at how to fund their pensions.