Pensioners to benefit but workforce ignored
BRIAN COWEN took care of pensioners yesterday but did little to encourage those still in the workforce to make their own plans for their post-retirement income.
The State pension went up €12 per week, or 7%, to €179.30, while the Old Age Non-Contributory Pension, which is means-tested, will rise to €166 per week next year. Mr Cowen said the increases left the Government “well on the way” to reaching its commitment of giving pensioners €200 per week by 2007.
