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Government to consider auto-enrolment pension scheme

Mar 28, 2022 09:51 By News Northern Sound
Government to consider auto-enrolment pension scheme
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It would see anyone earning above 20 thousand euro a year automatically signed up to pension contributions.

The government is to pay €1 for every €3 a worker puts into their pension under new plans.

The Irish Independent reports proposals for an auto-enrolment system will go before cabinet this week.

It would see anyone earning above 20 thousand euro a year automatically signed up to pension contributions.

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Employers will have to match what employees put in - but it's expected to be done on a gradual basis.

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