The recommendation, according to the Oireachtas Social Protection Committee, accounts for the increased life expectancy, which has increased from 65 to 82 years old.

The study also examined recently enacted legislation that will enable individuals to postpone their pension until they are 70 years old and get increased benefits.

Additionally, it examined a ten-year shift to the whole contribution system exclusively in order to achieve a greater rate of State pension.

A contributory State pension provision for long-term carers of more than 20 years was one of the other elements that were taken into consideration.

Additionally, a commitment was made to investigate a novel programme to assist those unable to work beyond their early 60s.

They also examine the State pension system's long-term viability, which will be resolved by gradually raising social insurance rates bit by bit.

In addition, a deferred individual may continue to meet qualifying requirements for the State Pension or increase their contribution record by making more social insurance contributions.