Paschal Donohoe: Any change to pension age must be 'affordable and sustainable'

Oireachtas committee proposes State pension age should not rise beyond the age of 66

Paschal Donohoe: Deficits in the social insurance fund will have serious consequences. File picture

Finance Minister Paschal Donohoe has warned any change to the pension age must be “affordable and sustainable” and not threaten the formation of budgets.

Speaking during an interview with the Irish Examiner in response to an Oireachtas committee report which recommended not increasing the pension age, Mr Donohoe warned deficits in the social insurance fund will have serious consequences.