Multi-lingual online Pensions Calculator and Checklist launched by The Pensions Board

Friday 16 March 2007: The Pensions Board, today, launched its multi-lingual online pension calculator and pension’s checklist at a reception in its offices, to mark ‘International Pensions Day’ as part of Pensions Action Week. The online calculator and checklist are now available in the most commonly spoken foreign languages in Ireland which are Arabic, Chinese, French, Spanish, Polish, Russian and are also available in Irish on www.pensionsboard.ie

The multi-lingual calculator allows you to estimate the amount of money, net of tax which you would need to contribute to your pension, by reference to your age and current yearly salary so that you end up with the level of pension you would expect to receive in retirement. The calculator clearly demonstrates the major benefits of starting a pension as early as possible. The checklist is designed to help you prepare for an adequate income in retirement.

Speaking at the launch, Brendan Kennedy, Chief Executive, Pensions Board said: “Ireland is a different country today than it was ten years ago and has changed for the better in many ways, including our transformation to a multi-cultural society. It is important that pensions information is easily accessible to all of our population. The launch of our pensions calculator and checklist in several different languages today will go some way to encouraging more people to start a pension.”

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Media Queries:

Mary Hutch
Head of Information and Training
The Pensions Board
Tel: (01) 6131900

David Malone
Project Manager- National Pensions Action Campaign
The Pensions Board
Tel: (01) 6131900

Jackie Gallagher / Mark Leech Q4 PR Tel: (01) 4751444
087-237 1838
087-9053679

Notes:

About the Pensions Board
The Pensions Board is the statutory body set up to regulate occupational pension schemes and PRSAs and to advise the Minister for Social and Family Affairs, and through him, the Government, on overall pension policy development.

Pension Information
The information Unit at The Pensions Board provides a wide range of pension information booklets free of charge and can be reached at the LoCall number 1890-65-65-65 and on www.pensionsboard.ie.

National Pensions Action Week
This week’s National Pensions Action Week involves an intensive advertising and promotional focus on the key age targets of 25 – 39 and will include on-the-street promotional activity, outdoor, ambient and online advertising, national print advertising, regional and national radio and TV advertising. The Pensions Board advice during Pensions Action Week is to stop putting it off and start your pension now. So talk to your employer, bank, insurance company, building society, or financial advisor about pensions today and check out the online Pension calculator or the SSIA calculators on www.pensionsboard.ie .

Click here to view the Multi-lingual Guide to Pensions.