Catherine Conlon: How are the costs of an ageing population going to be met?

Despite billions of euros expected in windfall tax receipts over the next three years, Government predictions are that this will not be enough to cover the costs of an ageing population. Picture: iStock
Despite billions of euros expected in windfall tax receipts over the next three years, Government predictions are that this will not be enough to cover the costs of an ageing population, with PRSI increases needed to bridge the gap, ministers were told this week.
Some €65bn in budget surpluses are anticipated between now and 2026, much of it ‘windfall’ corporate tax receipts.