Ireland | Melbourne Mercer Global Pension Index : Melbourne Mercer Global Pension Index


Ireland


Ireland Flag Ireland

 

 

 

Ireland’s retirement income system comprises a flat-rate basic scheme and a means-tested top up.  Voluntary occupational pension schemes have limited coverage.

The overall index value for the Irish system could be increased by:

  • increasing coverage of employees in occupational pension schemes thereby increasing the level of contributions and assets
  • introducing a minimum level of mandatory contributions into a retirement savings fund
  • providing greater protection of members’ accrued benefits in the case of employer insolvency
  • reducing government debt as a percentage of GDP.

RRF19921 MMGPI Report 0616 Chart WEB 1000x950 14 IRELAND Ireland

Progressive Results: 

Year

Overall

Adequacy

Sustainability

Integrity

2016 62.0 76.2 34.8 77.3
Irish index value fell from 63.1 in 2015 to 62.0 in 2016 due to a number of small changes.
2015 63.1 77.60 36.2 78.5
The Irish index value increased slightly from 62.2 in 2014 to 63.1 in 2015 primarily due to recognition of in-house asset limits.
2014  62.2  77.6  36.0  74.1
  New to the Index.

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Link to Victorian Government (Victoria Online) the Mercer Australian website Australian Centre for Financial Studies