Stephen Gillick

The body was established in 2013 to advise ministers on pensions issues and has 11 members, including chairman Jim Murray and Pensions Authority chief executive Brendan Kenny.

Commenting on his appointment, Mr Gillick said: “The issue of pension reform has never been more crucial.

“Retirement provision in Ireland faces challenges such as an ageing population, increasing life expectancies, and low or inadequately funded pensions coverage amongst private sector employees.

“It is essential that public policy evolves to help prevent the looming pensions crisis.

“I am very pleased to be able to work with the other members of the council in order to encourage policies that support the sustainability and adequacy of pension provision in Ireland.”