You should simply get a bigger retirement payment the longer you keep working. Maybe PRSI payments for work could also be dropped at a certain age (since they’ve already contributed enough through their life of work)
I believe Canada does this flexible retirement
Wild idea: maybe we should tax the super rich and wealthy and we don’t have to have this type of discussions at all.
It’s bad for a society to have old people clog up jobs and slows down the rise of younger generations getting into positions of influence to drive a country/business on
Hence why America has such a problem with older people,trump,biden,sander etc etc running the place and noone from next generation really staying on to have their say…..
.also seen to a smaller extent in Irish farming,old lads clinging on too long and next generation too old,by time they take over to drive it on
A few years ago I would probably be up in arms at this, but recently I’ve come to the conclusion that unless I come into a serious windfall of money in the next 30 years I’m most likely gonna have to work till I die anyways with the way things are going.
It only makes sense as average life spans increase though. People are living a lot longer and it’s not economically sustainable to provide for them for longer and longer with them not paying into the system for as long. It’s just a numbers game.
Started a trade at 17. I’m already due to work 50 years in total. Lucky enough never to have been out of work so never drew social welfare. Government are squeezing every cent out of workers, and now they want the most valuable thing we have time.
They tax you when you earn it, again when you spend it, if you buy a house they tax you to own it, if you buy a car you’re taxed to keep it on the road. If you invest it yourself they tax unrealised gains every 8 years so you stay dependent on their pension. All told; a massive percentage of your productivity ends up in government coffers.
You work for 45 years and they can’t invest that money wisely enough to keep you on poverty wages for another 15.
The efficiency of government.
Nope. When I hit 65 I’m done. I’ll claim job seekers until the state pension kicks in
Nobody wants but we won’t be able to run the country in a few years without it. So obviously politicians don’t want to discuss it.
I am retiring by 60
Look up how much of a pension Micheal Martin accrued from teaching even though he left after a year but held onto his teaching position for like 20 years.
Probably cos they pulled the same shit in France a few years back under Macrons 1st term I think, and the Frogs went full beserk and rioted. Full on Revolućion dwstorying crap everywhere! And they just sent all the black jackboots onto the street in riot gea lookin like they were ready to invade Poland looked they were, to crush the demonstrationwhen it literally affected them too.
It worked. Worked the previous 2 times too with Macron with the ‘yellow jackets’ price tax hike protests (all transport workers wore a hi-vis vests, blocked a few roads and caused some generalised mayhem) without the govt. fixing jack shit of congested Paris roads or building jack shit either.
Then the student protests about student taxes and they went Guns of the Navarone hardcore too like the first one – roaming with bat’s destroying anything flipping and burning cars/buildings but that was squashed too.
Just start graduated means testing the contributory pension. Currently they don’t even consider the value of the their primary residence when means testing the non-contributory state pension.
If they have a house then they should be renting out a spare bedroom for money.
Cant imagine banque de france governor stepping out of his/her remit and make such statement! Neither would i expect us to go and protest on the streets given its already at 66
This is one admirable quality of the French.
I work in a children’s health Ireland site in a patient focused active role. I already had to sign a contract that says I retire at age 70. I can’t imagine working in healthcare until I’m 70, running around the wards aged 68 or 69, get real, it’s already a struggle now. I’m panicking about it if I’m honest, what are we going to do!
We will have to do something as the country ages, we can’t keep increasing taxes on the young. We either have to cut pensions, or increase the age they become available at. Most other European countries are taking the age option.
Didn’t the state raid the pension fund to help bail out the banks and their bond holders back in 2008. Was the pension fund ever made whole again when the state started to sell their shares in the banks.
We have one of the highest fertility rates in Europe, one of the lowest average ages in Europe and one of the shittist health services in Europe. If anything the pension age should be getting lower.
19 comments
There shouldn’t be a retirement age at all.
You should simply get a bigger retirement payment the longer you keep working. Maybe PRSI payments for work could also be dropped at a certain age (since they’ve already contributed enough through their life of work)
I believe Canada does this flexible retirement
Wild idea: maybe we should tax the super rich and wealthy and we don’t have to have this type of discussions at all.
It’s bad for a society to have old people clog up jobs and slows down the rise of younger generations getting into positions of influence to drive a country/business on
Hence why America has such a problem with older people,trump,biden,sander etc etc running the place and noone from next generation really staying on to have their say…..
.also seen to a smaller extent in Irish farming,old lads clinging on too long and next generation too old,by time they take over to drive it on
A few years ago I would probably be up in arms at this, but recently I’ve come to the conclusion that unless I come into a serious windfall of money in the next 30 years I’m most likely gonna have to work till I die anyways with the way things are going.
It only makes sense as average life spans increase though. People are living a lot longer and it’s not economically sustainable to provide for them for longer and longer with them not paying into the system for as long. It’s just a numbers game.
Started a trade at 17. I’m already due to work 50 years in total. Lucky enough never to have been out of work so never drew social welfare. Government are squeezing every cent out of workers, and now they want the most valuable thing we have time.
They tax you when you earn it, again when you spend it, if you buy a house they tax you to own it, if you buy a car you’re taxed to keep it on the road. If you invest it yourself they tax unrealised gains every 8 years so you stay dependent on their pension. All told; a massive percentage of your productivity ends up in government coffers.
You work for 45 years and they can’t invest that money wisely enough to keep you on poverty wages for another 15.
The efficiency of government.
Nope. When I hit 65 I’m done. I’ll claim job seekers until the state pension kicks in
Nobody wants but we won’t be able to run the country in a few years without it. So obviously politicians don’t want to discuss it.
I am retiring by 60
Look up how much of a pension Micheal Martin accrued from teaching even though he left after a year but held onto his teaching position for like 20 years.
Probably cos they pulled the same shit in France a few years back under Macrons 1st term I think, and the Frogs went full beserk and rioted. Full on Revolućion dwstorying crap everywhere! And they just sent all the black jackboots onto the street in riot gea lookin like they were ready to invade Poland looked they were, to crush the demonstrationwhen it literally affected them too.
It worked. Worked the previous 2 times too with Macron with the ‘yellow jackets’ price tax hike protests (all transport workers wore a hi-vis vests, blocked a few roads and caused some generalised mayhem) without the govt. fixing jack shit of congested Paris roads or building jack shit either.
Then the student protests about student taxes and they went Guns of the Navarone hardcore too like the first one – roaming with bat’s destroying anything flipping and burning cars/buildings but that was squashed too.
Just start graduated means testing the contributory pension. Currently they don’t even consider the value of the their primary residence when means testing the non-contributory state pension.
If they have a house then they should be renting out a spare bedroom for money.
Cant imagine banque de france governor stepping out of his/her remit and make such statement! Neither would i expect us to go and protest on the streets given its already at 66
This is one admirable quality of the French.
I work in a children’s health Ireland site in a patient focused active role. I already had to sign a contract that says I retire at age 70. I can’t imagine working in healthcare until I’m 70, running around the wards aged 68 or 69, get real, it’s already a struggle now. I’m panicking about it if I’m honest, what are we going to do!
We will have to do something as the country ages, we can’t keep increasing taxes on the young. We either have to cut pensions, or increase the age they become available at. Most other European countries are taking the age option.
Didn’t the state raid the pension fund to help bail out the banks and their bond holders back in 2008. Was the pension fund ever made whole again when the state started to sell their shares in the banks.
We have one of the highest fertility rates in Europe, one of the lowest average ages in Europe and one of the shittist health services in Europe. If anything the pension age should be getting lower.
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