Revised implementation date for pension auto-enrolment

At a glance

• The implementation date for the pension auto-enrolment scheme has been revised from September 2025 to 1 January 2026.

Employees aged between 23-60, earning EUR20,000 or more per year, who are not part of a pension plan will be automatically enrolled in the government scheme.

Contributions start at 1.5% for the employee and employer and 0.5% for the State.  These are due to rise incrementally over the next ten years to 6% for employee and employer and 2% from the State.

The Minister has recently announced appointments to the National Automatic Enrolment Retirement Savings Authority (NAERSA). NAERSA will administer the governmental pension fund.