Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Wednesday, August 01, 2012

One third of adults 'plan to rely on state pension'

A warning has been issued today about the number of Irish adults hoping to live solely on the state pension when they retire.

A study by Amárach research questioned 1,000 people and found a third of them plan to use the state pension as their only source of income in later years.

Nearly 40% will use a combination of state and private pensions, while a fifth do not know how they will fund their retirement.

SmartQuotes.ie, which commissioned the research, warned of the potential for "huge strain" on the exchequer in the future.

The number of active members in occupational pension schemes is 771,878 - a drop of 38,083 members over 2010 levels, according to recent figures published by the Pensions Board.

Original Article
Source: eircom.net
Author: 
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