The social ins the Irish taxpayer is charged at the moment pays for social welfare, inc pensions, health, etc. I can see the pension report due out around June '21 coming back with a recommendation that pensions be taken out of this payment. This will reduce what people pay every week but a new payment will come into place for pensions into the future. What people have saved in paying into PRSI they will now pay into this new system @ a slightly higher rate than what they've saved in PRSI. It'll be a smooth enough transition with people probably feeling it's a good deal and not too high falluting to follow and understand. The Ex Revenue Chairwoman heading up this report understands exactly how it all works and I would expect something along those lines