Total Contributions Approach Consultation 2018
Mon Aug 27 2018
Dear Brokers Ireland Member,
Please find enclosed a recent consultation by the Department of Department of Employment Affairs and Social Protection in relation to the Total Contributions Approach Consultation 2018. Please also find enclosed Brokers Ireland Consultation Response to the consultation which is due on the 3rd of September 2018.
Our submission focuses on ensuring those with more PRSI contributions receive a proportionally better contributory pension in retirement but that the system allows for breaks in contributions for those who are self-employed or when people are out of the workforce acting as a carer or looking after young children.
We have also highlighted the importance on not viewing the State Pension Contributory in isolation and that those in employment should be encouraged to make private provisions for retirement.
If you have any questions in relation to the consultation please contact, Rachel McGovern, Director, Financial Services on 01 6613067 / 086 8259938 or email rachel@brokersireland.ie.
