Ireland

SIPTU rejects Fine Gael claim on cost of demand to stop the increase in pension age

Jan 17 2020, 18:02    SIPTU

SIPTU representatives have rejected a claim by finance minister, Paschal Donohoe, that the State cannot afford to stop the increase in the pension age to 67 years in 2021. Responding to finance minister, Paschal Donohoe, who questioned how the €200 million cost of such a policy could be funded, SIPTU Researcher, Michael Taft, said that it could be financed from the existing Social Insurance Fund.