Future fear: less than half women have pensions

CONCERNS that less than half of women have occupational pensions were voiced at the National SIPTU Women’s Forum.

SIPTU general secretary Joe O’Flynn referred to a ‘grim’ picture, which showed that only 47.5% of women workers had pensions, mostly in the public sector.

Also, only 34.5% of personal retirement savings accounts (PRSA) have been taken out by women, event though women were form the majority of many areas of private sector employment, where this was often the only type of pension scheme available.