Originally Posted by waterbug_wpb
I would be interested in this "retirement" concept and how it applies in Ireland... Is there some sort of social pension, or are you on your own in terms of funding your expenses while not working?

Jay, Some factors have changed recently, but basically, at age 66, if one has worked, paid tax and gathered a certain number of "Stamps" over their working life, there is a State Pension of up to Euro 230 per week. Individuals can also pay into a personal pension fund, and get some tax allowances.
I have the state pension and a small personal private one. There are some allowances for older people - electricity, heating fuel, medical card etc.


Last edited by Dermot; 12/01/14 02:03 PM.

Dermot
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