People who work until they are 70 will be entitled to increased pension payments under new plans.
The Government is set to introduce five new rates of payments that will increase by 5% every year a person works. Those who work until the age of 70 will receive €315 per week under the new plan.
The current pension payment is €253 a week for employees who work until they are 66. People retiring at 67 will be paid €266 a week, the Irish Independent reports.
