Work

Pensions through the lens of the farmer in Ireland

Year: 2025

Type: article

Abstract: Within the realm of social security and pension coverage, the self-employed community are a distinct cohort and within the self-employed, farmers are a further discreet sub-set. This paper set out to specifically examine the extent and nature of pension coverage within the farming community in Ireland, the attitudes of farmers towards private pension provision, and what farmers expect their primary source of income will be post-retirement. We find that the multi-pillar pension structure architecture is particularly appropriate and necessary given the diversity of incomes across farm systems. Notwithstanding this, our research suggests that not all farmers at lower income levels have the expectation of the State pension on retirement and not all farmers who could afford a supplementary pension have the confidence in the pensions system to make that commitment.

Source: Journal of Rural Studies

DOI: 10.1016/j.jrurstud.2025.103717

Authors: Michael T. Hayden, Bridget McNally, Hana Hlochova, Anne Kinsella

Institutions: National University of Ireland, Maynooth, Technological University Dublin, Teagasc - The Irish Agriculture and Food Development Authority

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: No poverty, Zero hunger, Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $4,090