(IPE) As indicated earlier, the Irish Department of Social & Family Affairs has now come forward with the report "Special Savings for Retirement".
At first blush the report appears to be a valuable comparative analysis of policy options, deserving of a closer look. It is not entirely clear however what the substantive recommendation would amount to, even though it appears to include a new mandatory supplementary component. But this constructive ambiguity is probably part & parcel of the political process in Ireland, which is expected to be advanced by the arrival of a subsequent Green Paper on pensions, due within a year's time.
Wednesday, August 09, 2006
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