Irish pension system receives overall B grade as index value increases from 70.0 to 70.2
Caitríona MacGuinness, DC and private wealth leader for Mercer, said Ireland’s retirement income system 'continues to rank highly in the CFA Global Pension Index'.system has ranked 13th in a global index of retirement income systems, as it was rated strongly on integrity and adequacy but ranked relatively low on sustainability.
The Irish pension system’s index value increased from 70.0 in 2022 to 70.2 this year, the third year in a row that the Irish system’s index value has improved, and the highest value since it was first included in the index in 2014.Changes to tax system needed if Ireland to win race for next wave of high-profit FDI investmentsIreland’s pension system includes a flat-rate basic social security scheme and a means-tested benefit for those without sufficient social insurance contributions.
Caitríona MacGuinness, DC and private wealth leader for Mercer in Ireland, said Ireland’s retirement income system “continues to rank highly in the CFA Global Pension Index”.
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