Ireland: Up to 800,000 workers to be automatically enrolled in pension scheme under new plans

Submitted by pmassetti on Fri, 04/05/2024 - 12:05
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SundayWorld.com (05.04.2024) Up to 800,000 workers will be automatically enrolled into a pension scheme for the first time under new legislation published today. Workers who have no occupational or private pension and would have otherwise been solely reliant on the State Pension upon retirement will have access to the scheme under the bill. Employees aged between 23 and 60 years old, who earn over €20,000 per year and who are not already paying into a pension scheme, would automatically be enrolled.

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