Sunday, March 28, 2010

Don't worry about pensions we need more jobs

Thaoiseach, Brian Cowen says the by 2060 there will be two people at work to support every pensioner. Where did he get this figure? Was it from Astrologist or from some psychic sitting in the Irish Financial Centre. Surly there is no shortage of people from all over the world who want to come to Ireland if we have jobs to offer to support our aging citizens.
The problem is not the lack of availability of workers, the problem it is that at present there is not even enough jobs to support even today's pensioners and he wants an excuse to take more money from the PAYE worker. The Pension Reserve has been rifled by the Government to shore up the black hole in our Banking system without our consent. This money should have been used for job creation but alas...the lack of jobs is not high on the agenda.
Mary Hannifin says that by 2014 that the Pension age will be increased to 66 and that by 2028 it will be 68, but at present you can not claim benefits until you are 66. Does this be that in 2014 that you will not be able to claim Contributory Pension till you are 67? Now for people who love their jobs and are in good health these changes maybe welcome but what about those in jobs where one can get repetitive strain and burnout. Wether we like it or not one slows down with age, not intellectually but physically. Can't see anyone over the age of 55 working on the counter at Supermacs can you?, not to mind a 66 year old even with a boob job and a face lift.
The truth is that many people are in jobs they don't like or just endure and can't wait to leave. In the 1990ies when there were high rates of unemployment workers over 55 were allowed apply for a pre-retirement scheme.This is the way to go, let those who want to retire or cut working hours do so. Then these jobs could be given to younger people who are setting out on their working lives or are trying to cope with high mortages.

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GALWAY, Ireland
Born in Gaway City,spent 10years living in Roundstone, Connamara. Passionate about politics, singing and oil painting. Not a great cook but could learn