Pension crisis as 60,000 set to retire

Pensioners in court to press for their dues. FILE PHOTO | NMG

The public service faces a jobs and pension crisis as nearly 60, 000 civil servants are set to retire within three years.

Treasury data show that more than 10 per cent or 59,400 of the half a million public sector workers will retire by June 2020, amid fears that the State will be forced to retain some workers beyond the retirement age of 60 due to a skills shortage.

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