Age to qualify for the State contributory pension could rise to 69

Age to qualify for the State contributory pension could rise to 69

An article in today’s Independent.ie stating that the “Irish Fiscal Advisory Council has suggested the age to qualify for the State contributory pension could rise to 69 by 2035 and that Controversial proposals to increase the age at which people qualify for the State pension have been backed by the State’s budget watchdog.”

This should not be a surprise for Eolas Money clients as we have been saying that the age will eventually move to age 70 – the demographics support this.

So you need to focus on your retirement plans sooner rather than later. If you need help, contact Eolas Money and we will be happy to help you.

Irish Independent :  Work until you’re 69 to qualify for State Pension