Léim ar aghaidh chuig an bpríomhábhar
Gnáthamharc

Pension Provisions

Dáil Éireann Debate, Tuesday - 22 September 2020

Tuesday, 22 September 2020

Ceisteanna (571)

Joe Carey

Ceist:

571. Deputy Joe Carey asked the Minister for Social Protection when she will bring forward the necessary legislation to keep the State pension age at 66 years of age as committed to in the Programme for Government; if persons turning 66 in early 2020 should apply for their pension now; and if she will make a statement on the matter. [25621/20]

Amharc ar fhreagra

Freagraí scríofa

The Programme for Government “Our Shared Future” states that the planned increase in the State Pension Age next year will be deferred. The State Pension Age will remain at 66 years. This will require amendment to primary legislation and the Government will bring the necessary legislation before the Oireachtas later this year. I hope that there will be cross party support for this legislation.

It is recommended that a person applies for the State Pension (Contributory) three months before they turn 66 years of age.

The public policy and social issues in relation to funding a sustainable and adequate State pension system are complex. Therefore, the Programme for Government also commits to establishing a Commission on Pensions to examine a range of issues including contributions, calculation methods, sustainability, eligibility and intergenerational fairness. The Terms of Reference for the Commission are currently being developed and options for its membership are being considered. I will bring proposals to Government in that regard as soon as possible.

The Government is acutely conscious of the need to consider the sustainability of the State’s finances. However, this is not the only consideration when thinking of the State pension age. The State Pension is the bedrock of the pension system in Ireland. It is extremely effective at ensuring that our pensioners do not experience poverty. This Government is committed to ensuring that this remains the case.

I hope this clarifies the matter for the Deputy.

Barr
Roinn