Estimates of Irish Pension Liabilities 2021
CSO statistical release, 15 February 2024 , 11am
On-line ISSN: 2565-5744
Transcript
Estimates of Irish Pension Liabilities 2021
The pension entitlement of households amounted to €767.3 billion at the end of 2021.
Total pension liabilities represent 177% of GDP and 329% of GNI*.
The total liabilities of defined contribution schemes was €59 billion.
The total liabilities of defined benefit schemes was €61.9 billion.
The total liability of private funded pension schemes was €120.9 billion.
The total liability of public service occupational pension schemes was €175.7 billion.
The total liability of state pension schemes under the Social Insurance Fund was €470.7 billion.
Thus the total liability of unfunded pay-as-you-go schemes was €646.4 billion.
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