OLDEST PERSON IN IRELAND, EILEEN RICHARDSON
TO CELEBRATE HER 109TH BIRTHDAY THIS MONTH
Friday 13 May 2005: The Pensions Board has today launched ‘Pensions Adequacy Day’ as part of National Pensions Action Week and is urging consumers to ensure they are contributing adequately to their pensions. Life expectations are much greater in Ireland now compared to those of previous generations, and are continuing to rise. A man retiring at 65 now can expect to live to 83 and a woman retiring at 65 can expect to live to 87.
The Pensions Board marked ‘Pensions Adequacy Day’ with an early celebration of Ireland’s oldest resident, Eileen Richardson, who will be 109 on the 29th of this month. Eileen, from Ballybough Road in Dublin was born in 1896 and has witnessed three different centuries.
Speaking today, Anne Maher, Chief Executive, Pensions Board said: “Retirement is likely to be a significant proportion of all of our lives because life expectancy is increasing considerably. While this is good news, it means that it is essential that adequate retirement provision is achieved.”
National Pensions Action Week runs from May 9 – 15 and the Pensions Board is calling on people to take action to secure their income in retirement. During the week people can get information from the Pensions Board website www.pensionsboard.ie where there is a sample calculator to help work out the individual pension needs.
About The Pensions Board
The Pensions Board is the statutory body set up to regulate occupational pension schemes and Personal Retirement Savings Accounts (PRSAs) and to advise the Minister for Social and Family Affairs, and through him, the Government, on overall pension policy development.
Head of Information and Training,
The Pensions Board
Jackie Gallagher / Mark Leech
Tel: (01) 4751444
(087) 237 1838