Most farmers never really retire, it is not uncommon to see farmers in their 80's buying and selling cattle at marts and even when they do hand over the farm to son/daughter they continue to play an active part in the business. It keeps them sharp and active. Retiring young and healthy can be unsettling, unhealthy even.

Originally Posted by Politics matters

A lot of companies force their employees to retire at 65, I think that's wrong.

If the individual can still carry out the tasks required of them within their job description, than sacking people because of their age should merit grounds for discrimination.

What if you signed one of the IBEC etc contracts that have been rolled out across the country where the agreed retirement age is 65. They embarked on a campaign to roll out the contracts in anticipation of the policy change being accepted, they lobbied heavily for it. Most of the people who will be affected by the State pension never imagined there would be an actual consequence to agreeing to a retirement at the age of 65 in a contract.

When you are in your 20's and 30's you don't think you are going to get old and think that you will be well glad to be out of work by 65. Wonder how many of them are using their private pension contribution money to cover basics like rent and childcare.

In America they use old people to pack bags in the supermarket. Maybe we could consider this as an option. Although shopping will be mainly online by that stage.

Heard a barber from Cootehill, Co Cavan on the radio yesterday.

Started off at age 17 and 70 years later is still working - probably the only 87 year old barber in the country!

Originally Posted by Socratus O' Pericles

I thought public and civil pensions were 1/2 not two thirds?

Correct.
Post 2013 it's half your career average salary rather than the old way of half your final so no room for promotions right before retirement to boost the pot.

Originally Posted by Golden Phoenix

Heard a barber from Cootehill, Co Cavan on the radio yesterday.

Started off at age 17 and 70 years later is still working - probably the only 87 year old barber in the country!

Bet it has been a while since anyone asked him for a razor-shave though.

Originally Posted by Golden Phoenix

Heard a barber from Cootehill, Co Cavan on the radio yesterday.

Started off at age 17 and 70 years later is still working - probably the only 87 year old barber in the country!

IBEC sent him on the radio for the "what are you complaining about you lazy bustards" narrative. If IBEC were so comfortable with old people working why did they conspire with the employers of the country to to get everyone to sign new contracts which inserted a retirement age of 65 into them.

Originally Posted by ruserious

Correct.
Post 2013 it's half your career average salary rather than the old way of half your final so no room for promotions right before retirement to boost the pot.

For people who joined post 2013 you mean. People who won't be retiring for another 40 years.

I saw something last night that said that if you invest 5€ a day for 50 years you will be a millionaire

Just saying

Am I the only one that would leave as soon as financially possible? You only get one life and spending it commutting to work and being away from family to earn your crust is not an ideal way to spend it.

Originally Posted by Sister Mercedes

For people who joined post 2013 you mean. People who won't be retiring for another 40 years.

Myself among them. My taxes will be going towards some Philippino nurse to wipe your bottom.