Time ireland

2024 - 10 - 27

What Happens to Your Pension When You Hit the Nursing Home?

Athletics - Dublin Marathon - Employment and wages - Fair Deal scheme - Nursing career pathways - Nursing homes - Private pensions

Going into a nursing home? Here's what you need to know about your pension and caregiving pathways!

Navigating the twists and turns of life can be quite the ride, especially when it comes to personal finances and health. As we age, the thought of moving to a nursing home can raise many questions, particularly about what happens to your private pension pot under the Fair Deal nursing home cost subsidy scheme. The treatment of pensions varies based on whether your pension is occupational or a personal private pension, making it essential to understand your specific situation to avoid any unwelcome surprises regarding your financial future.

Speaking of futures, let's not forget the upcoming stars of the nursing world! With a growing demand for healthcare professionals, many families across Ireland are considering the implications of their children's educational paths. If your daughter aspires to study nursing, there are several alternative entry pathways into this rewarding field beyond the traditional Leaving Cert CAO points route. From nursing apprenticeships to mature student entry options, there are many ways for motivated students to achieve their dreams and make a positive impact on the health of their communities.

Switching gears a bit, the business landscape is feeling the heat as well! While employees are being told that competition for talent is fierce, there's a rising discontent when businesses seem to be ‘poor mouthing’ while their staff struggle to receive timely and full wage payments. In a world where it should be standard to pay employees what they are owed and on time, it creates a ripple effect of distrust. Employers need to realize that happy employees make for a thriving business environment — it's all about finding that rewarding balance!

At the sporting scene, excitement is also in the air as Kenya’s Moses Kemei has triumphed at the Dublin Marathon, achieving a jaw-dropping personal best time of 2:08.46! Not only did Kemei break records, but his compatriot Tonosa made waves as well, breaking the Irish record in the process. The duo's outstanding performances not only brought a spotlight to the event but also inspired many aspiring athletes across the globe.

For many, moving into a nursing home brings up the question of finances and pensions, and knowing how they will be treated can ease some of that transition anxiety. Additionally, the alternative pathways to nursing show that there are always new and exciting opportunities for dedicated students to explore. Meanwhile, the importance of fair wages in the business sphere can't be overlooked; after all, who wants to work hard without being properly compensated? And of course, let’s not forget the inspiration that comes from our athletes — it reminds us that breaking barriers continues to be possible if we put our minds to it! So here's to education, fair pay, and the triumph of the human spirit!

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Image courtesy of "The Irish Times"

What happens to my private pension pot if I go into a nursing home? (The Irish Times)

Treatment of pensions under the Fair Deal nursing home cost subsidy scheme differ, depending on the nature of the pension.

Post cover
Image courtesy of "The Irish Times"

My daughter wants to study nursing but I worry that CAO points are ... (The Irish Times)

For well-motivated Leaving Cert students, there are several alternative entry pathways into nursing.

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Image courtesy of "The Irish Times"

Business poor mouth rings hollow when staff cannot get paid (The Irish Times)

In a world where we are told competition for talent is stiff, the expectation of getting paid in full and on time should be a given.

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Image courtesy of "RTE.ie"

Kemei wins Dublin Marathan, Tonosa breaks Irish record (RTE.ie)

Kenya's Moses Kemei has won Irish Life Dublin Marathon this morning in a personal best time of 2:08.46.

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