I’m beginning to think the demographics are not, in fact, going to look after themselves.
Someone is going to have to tackle this at some point otherwise there’ll be no young people left.
_….after government raids pension piggy bank to pay off banks._
They forgot to add this bit
Ah yes, raise taxes for the people most likely to have kids making it even more unaffordable for them to have said kids. A great plan that surely can’t backfire.
Government sponsored news article;
Getting the young angry with the older people, when it’s the government’s fault.
I am okay with paying more taxes so that people can retire and I hope that by the time I retire that the younger workers of the future also acknowledge the importance of a strong social welfare system.
You know the funny thing is that I bet most people if given the choice and if they were physically able would happily continue working. I think you lose a sense of purpose when you retire, spend your days hanging around and bored. I think the trick is to as you get older transition into a job that you can so well into old age.
This is going to be a fun one in ten year, when everyone is screaming why did no one do anything.
Dead happy for pension age to go up. I like what I do and hope I’ll be doing a version of it at 66 that I ready would be good for another decade at least.
Assuming I’m not pissing and shitting myself.
Thanks, but no thanks
Another Us V Them article.
Excellent .
66? I thought 65 was retiring age, SAD
What if we eat our elderly
at what point are the people that got the handy jobs, cheap houses and decent standard of diving going to pay their fair share? Every time there’s a budget the pensioners are bulletproof even though half of them are well off. The young people don’t have jobs that pay as well, the chance of owning a home is slim, paying higher rates for nearly everything and then can’t retire.. I’d be surprised if the youth didn’t abandon the place with an outlook like that.
Example; neighbor next door. Retired early (60) about 10 years ago, headmaster of a school. He owns a property or two, no financial worries, good pension etc. How is he in the same boat as a bachelor farmer that can’t work anymore. We need to treat people fairly. The youth don’t have the same opportunities to grab a handy job and invest in property and retire early but somehow are expected to pay for the generation that did?
Anyone in their 20’s and 30’s reading that does not have a private pension do yourself a favour and start one today. Control your own future and plan on any state pension as just the icing on your retirement next egg. It’s amazing what 40 years of compound interest will do.
There won’t be a young person left in the country the way it’s going!
It’s symptomatic of the fact that Irish political parties know where their votes come from. So, house prices must be inflated to suit the older generations for example.
One thing I thinknreally needs to be brought in is options for semi retirement.
At the moment there’s very little incentive to keep working at a lower rate. It’s either work or retire.
I think semi retirement (where people work part part time for a few years) would have an amazing impact.
Let me give an example.
A 62 year old teacher with 40 years experience is basically being pushed into retirement as they can retire on a half salary.
There are subjects with a teacher shortage at the moment. It doesn’t make sense for a teacher to semi retire and work 3 days a week. They can’t get their teachers pension and by working a half schedule are barely getting more than the pension would.
Great work Sinn Fein, this is what happens when you adopt populist policies and easy answers.
Well someone is going to have to pay for it and if the government won’t increase the retirement age then what else can we expect.
Can’t bury our heads in the sand ,they have a few options but are afraid to go after the current older voters as they don’t want the back lash
Let’s not blame working people who have paid their taxes into the pot, blame those who abused the finances ……. they are the ones who have landed this bill on the younger demographic.
And when younger workers are older , guess who’ll lay their pensions.
It is interesting that they want PRSI paid by the employee to plug the gap and not employers PRSI which is around 50% of the EU average. You could easily address this cost through employers PRSI and still be way below the EU average rate.
If you were cynical you would nearly think this kind of focus could pit younger workers against older ones.
Edit: the headline is also bulshit when you read the article! Headline says that it will cost younger workers €2.5k article says €1k of that is attributable keeping the retirement age at 66.
We’ll foot the bill for the elderly now and when it is our turn to get what we are owed there’ll be nothing there and not enough people to foot our bill.
We won’t have this favour returned.
Divide and conquer.
Why is the Irish government so inept? Let alone short sighted
We’ll see about that … the Irish economy is a sandcastle and if you won’t be able to lure in cheaper migrants workers from abroad to create growth because of the failures of your housing policies, expensive electricity from and obsolete electric grid, crap public services and transportation that €2500 will quickly double. You wanna keep PRSI down you should start fixing the above items and think of them as investment not as cost.
How about Leo asks his friends in Davos for a handout?
Man fuck this I have 0 interest in paying extra prsi so they can retire early. They show 0 solidarity towards young people. This is the generation who have basically pulled the ladder up behind themselves when it comes to housing.
*so that big banks can be bailed out in the incoming financial crisis* shifting the blame on old people retiring when the real enemy is the banks.
Sinn Fein going to reduce retirement age to 65? How does that work?
High earners are already taxed to the hilt
Yeah, fuk tht , system shid be reversed, we need retirement before our 50s, life sucks ass after that anyways so whu not just work then? 🙂
I feel like this country is facing another mass emigration in the next 5 years
Why anyone under the age of 30 would stick around in a country that literally offers absolutely nothing for them is beyond me
Will go even higher the less kids people have.
Usual them vs us bullshit
Nice divide and conquer article from the daily rag
Good, let’s get a young/old divide happening too, keep everybody at each other’s throats so the real crooks get away with it
When do we start getting … I don’t know, out there? French style?
Fuck em. They fucked the economy, let them pay.
Oha that’s a headline.
Get one demographic to declare war against another, divide and conquer. Meanwhile the government sinks back into the shadows.
Classic FFG. This will NOT be forgotten at election time.
Phrased in a way to generate hate, great title ass hole.
Not to be a doomer but who the fuck expects the average person in their 20’s in the next decade here to bother reproducing? No sane person would bring a kid into the world just to constantly look them in they eye and tell them “we can’t afford (x) basic item” “i can’t send you to (x) sport it’s too expensive” cause they’re being taxed up the wazoo. All that’s gonna do when said persons retiring is stretch the pension pool thinner because the kid who never had is going to leave and find something better
I haven’t seen metrics but I can reasonably predict the dropoff of western birthrates(combined with issues on-island) is going to hit Ireland real bad
What part of “this is all unsustainable” does the government don’t get. They are either too blind or too greedy or both
That’s how it’s always been. That’s how pensions work.
Every generation has always paid more in tax than the last, because every generation has always made more money than the last. It’s progress. “Standing on the shoulders of those who came before.”
When it’s our turn to draw pensions, the next generation will be paying for us.
How many billionaires are there in the world right now while this nonsense continues? We’re all being taken for a ride and told to point fingers at one another.
45 comments
I’m beginning to think the demographics are not, in fact, going to look after themselves.
Someone is going to have to tackle this at some point otherwise there’ll be no young people left.
_….after government raids pension piggy bank to pay off banks._
They forgot to add this bit
Ah yes, raise taxes for the people most likely to have kids making it even more unaffordable for them to have said kids. A great plan that surely can’t backfire.
Government sponsored news article;
Getting the young angry with the older people, when it’s the government’s fault.
I am okay with paying more taxes so that people can retire and I hope that by the time I retire that the younger workers of the future also acknowledge the importance of a strong social welfare system.
You know the funny thing is that I bet most people if given the choice and if they were physically able would happily continue working. I think you lose a sense of purpose when you retire, spend your days hanging around and bored. I think the trick is to as you get older transition into a job that you can so well into old age.
This is going to be a fun one in ten year, when everyone is screaming why did no one do anything.
Dead happy for pension age to go up. I like what I do and hope I’ll be doing a version of it at 66 that I ready would be good for another decade at least.
Assuming I’m not pissing and shitting myself.
Thanks, but no thanks
Another Us V Them article.
Excellent .
66? I thought 65 was retiring age, SAD
What if we eat our elderly
at what point are the people that got the handy jobs, cheap houses and decent standard of diving going to pay their fair share? Every time there’s a budget the pensioners are bulletproof even though half of them are well off. The young people don’t have jobs that pay as well, the chance of owning a home is slim, paying higher rates for nearly everything and then can’t retire.. I’d be surprised if the youth didn’t abandon the place with an outlook like that.
Example; neighbor next door. Retired early (60) about 10 years ago, headmaster of a school. He owns a property or two, no financial worries, good pension etc. How is he in the same boat as a bachelor farmer that can’t work anymore. We need to treat people fairly. The youth don’t have the same opportunities to grab a handy job and invest in property and retire early but somehow are expected to pay for the generation that did?
Anyone in their 20’s and 30’s reading that does not have a private pension do yourself a favour and start one today. Control your own future and plan on any state pension as just the icing on your retirement next egg. It’s amazing what 40 years of compound interest will do.
There won’t be a young person left in the country the way it’s going!
It’s symptomatic of the fact that Irish political parties know where their votes come from. So, house prices must be inflated to suit the older generations for example.
One thing I thinknreally needs to be brought in is options for semi retirement.
At the moment there’s very little incentive to keep working at a lower rate. It’s either work or retire.
I think semi retirement (where people work part part time for a few years) would have an amazing impact.
Let me give an example.
A 62 year old teacher with 40 years experience is basically being pushed into retirement as they can retire on a half salary.
There are subjects with a teacher shortage at the moment. It doesn’t make sense for a teacher to semi retire and work 3 days a week. They can’t get their teachers pension and by working a half schedule are barely getting more than the pension would.
Great work Sinn Fein, this is what happens when you adopt populist policies and easy answers.
Well someone is going to have to pay for it and if the government won’t increase the retirement age then what else can we expect.
Can’t bury our heads in the sand ,they have a few options but are afraid to go after the current older voters as they don’t want the back lash
Let’s not blame working people who have paid their taxes into the pot, blame those who abused the finances ……. they are the ones who have landed this bill on the younger demographic.
And when younger workers are older , guess who’ll lay their pensions.
It is interesting that they want PRSI paid by the employee to plug the gap and not employers PRSI which is around 50% of the EU average. You could easily address this cost through employers PRSI and still be way below the EU average rate.
If you were cynical you would nearly think this kind of focus could pit younger workers against older ones.
Edit: the headline is also bulshit when you read the article! Headline says that it will cost younger workers €2.5k article says €1k of that is attributable keeping the retirement age at 66.
We’ll foot the bill for the elderly now and when it is our turn to get what we are owed there’ll be nothing there and not enough people to foot our bill.
We won’t have this favour returned.
Divide and conquer.
Why is the Irish government so inept? Let alone short sighted
We’ll see about that … the Irish economy is a sandcastle and if you won’t be able to lure in cheaper migrants workers from abroad to create growth because of the failures of your housing policies, expensive electricity from and obsolete electric grid, crap public services and transportation that €2500 will quickly double. You wanna keep PRSI down you should start fixing the above items and think of them as investment not as cost.
How about Leo asks his friends in Davos for a handout?
Man fuck this I have 0 interest in paying extra prsi so they can retire early. They show 0 solidarity towards young people. This is the generation who have basically pulled the ladder up behind themselves when it comes to housing.
*so that big banks can be bailed out in the incoming financial crisis* shifting the blame on old people retiring when the real enemy is the banks.
Sinn Fein going to reduce retirement age to 65? How does that work?
High earners are already taxed to the hilt
Yeah, fuk tht , system shid be reversed, we need retirement before our 50s, life sucks ass after that anyways so whu not just work then? 🙂
I feel like this country is facing another mass emigration in the next 5 years
Why anyone under the age of 30 would stick around in a country that literally offers absolutely nothing for them is beyond me
Will go even higher the less kids people have.
Usual them vs us bullshit
Nice divide and conquer article from the daily rag
Good, let’s get a young/old divide happening too, keep everybody at each other’s throats so the real crooks get away with it
When do we start getting … I don’t know, out there? French style?
Fuck em. They fucked the economy, let them pay.
Oha that’s a headline.
Get one demographic to declare war against another, divide and conquer. Meanwhile the government sinks back into the shadows.
Classic FFG. This will NOT be forgotten at election time.
Phrased in a way to generate hate, great title ass hole.
Not to be a doomer but who the fuck expects the average person in their 20’s in the next decade here to bother reproducing? No sane person would bring a kid into the world just to constantly look them in they eye and tell them “we can’t afford (x) basic item” “i can’t send you to (x) sport it’s too expensive” cause they’re being taxed up the wazoo. All that’s gonna do when said persons retiring is stretch the pension pool thinner because the kid who never had is going to leave and find something better
I haven’t seen metrics but I can reasonably predict the dropoff of western birthrates(combined with issues on-island) is going to hit Ireland real bad
What part of “this is all unsustainable” does the government don’t get. They are either too blind or too greedy or both
That’s how it’s always been. That’s how pensions work.
Every generation has always paid more in tax than the last, because every generation has always made more money than the last. It’s progress. “Standing on the shoulders of those who came before.”
When it’s our turn to draw pensions, the next generation will be paying for us.
How many billionaires are there in the world right now while this nonsense continues? We’re all being taken for a ride and told to point fingers at one another.