10 Reasons I Don’t Like Ireland

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There would be numerous blog posts and YouTube videos that praise the transformation and growth of Ireland in the last 3 decades. From being one of the poorest countries in Europe to being a country with a very high per capita income, the journey of this Celtic Tiger has been really phenomenal. Despite being a developed so-called ”First World” country, I wouldn’t like to stay in Ireland on a long-term basis. Here are 10 reasons why I don’t like Ireland.

Disclaimer: The reasons are subjective but they are backed by facts.

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4. Contribution to State Pension or PRSI

If you are an employee in a company in Ireland earning over €352 per week, you would have to pay anywhere from 4%-8.8% of your salary as Pay Related Social Insurance (PRSI). If you have contributed to the PRSI for more than 10 years, you would be eligible for the state pension after your retirement at 66 years.

Ireland increased its retirement age from 65 to 66 around 2010. So, in order to be eligible for pensions, you have to work until 65. There are very minimal ways to claim this pension. Unlike in India, your Voluntary Retirement from Service (VRS) doesn’t warrant a state pension.

Furthermore, Ireland has been increasing the retirement age for people over the years. It is planned to increase the retirement age to 68 in Ireland. As an expat contributing to the PRSI regularly, I am basically funding the pensions and social security of the previous generation without availing any benefits.

Let’s take a look at the annual budget of Ireland. Ireland spends more than 24% or one-quarter of its annual budget on ”Social Protection” which includes unemployment benefits and pensions.

About Post Author

SurajPanigrahi

I started this blog for my love of writing and disseminating my views on things that excited me. I don't have a clear direction with this blog. However, you can find content mostly related to higher education, career development, MedTech, finance, and budget travel hacks. Background: After graduating in Mechanical Engineering from IIT (BHU) Varanasi, India, I pursued a dual degree Master's program in Europe (MS in Biomedical Engineering at RWTH Aachen, Germany and MS in Bioengineering at Trinity College Dublin, Ireland). I am currently working as a 'Manufacturing Engineer' in a MedTech company in Ireland.
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