A new pension scheme, with automatic enrolment, is set to begin in 9 months but only 28% of those who will be enrolled are aware of it, according to the Central Statistics Office (CSO). The scheme will see employers, employees, and the state each contribute to a pension pot.
Only 28% of those who will be paying into a pension auto-enrolment scheme are aware of it, according to the Central Statistics Office .Only 28% of those who will be paying into an upcoming pension scheme are aware of it, according to the Central Statistics Office .“The employer will throw in one and a half per cent of your gross salary, the employee will pay one and a half per cent and the State will match that with a half of one percent,” he said.
“According to the CSO, only 28% of the people who will be paying into an auto-enrolment – which starts in 9 months' time supposedly – are aware of it,” he said."It was only introduced in 2022 to be fair - but it is going to be a massive change in the workplace. “You’ll be automatically put into a pension saving scheme – to save for your own retirement by the way – and it will be coming out of your pay as well as the employer's pocket as well.”Final National Slow Down day of the year as thousands head home for Christmas
PENSION AUTO-ENROLMENT IRELAND FINANCE WORKPLACE
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