Women, pensions and changes to the State Pension
Though over 50% of women are now successfully active in the labour force, women are still far less likely to have pensions than men and their pensions are likely to be of lower value.
Fewer women in Ireland have access to pensions in retirement.
Research in this area concludes that one of the main sources of women’s economic vulnerability at pension age is their interrupted work history due to care responsibilities.
Older women workers experience limited access to pensions because of on average lower pay and broken service.
For instance, the Marriage Bar which was in place in Ireland until 1972 has had a major impact on pension entitlements for women.The Social Welfare and Pensions Act 2011 made a number of changes to the qualifying age for State pensions.
The qualifying age will rise to 67 in 2021 and 68 in 2028.IF YOU WERE.......
Born on or after 1 January 1955 the minimum qualifying State pension age will be 67
Born on or after 1 January 1961 the minimum qualifying State pension age will be 68
Under the National Pensions Framework a number of other changes are planned to the qualifying conditions for the State Pension (Contributory) from 2020.These changes do not affect the State Pension (Non-Contributory).
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