Ireland’s retirement income system comprises of a flat-rate basic scheme and a means-tested top-up. Voluntary occupational pension schemes have limited coverage.
The overall index value for the Irish system could be increased by:
The Irish index value fell from 63.1 in 2015 to 62.0 in 2016 due to a number of small changes. For more information, please read the 2016 Ireland MMGPI press release.