Mandatory pensions - No one can afford to be complacent

MINISTER for Social and Family Affairs Seamus Brennan yesterday referred to a problem for 900,000 people in this country which will most definitely not disappear.

By mooting the possibility of introducing mandatory pensions, the minister quite rightly highlighted the fact that so many workers here are without a pension, except an entitlement to the State’s social welfare pension.

At this stage he is only speculating whether a mandatory type of pension will be introduced, as he still awaits a review which is being carried out by the Pensions Board and which he expects to receive next month.