Irish Times: The State’s auto-enrolment pension scheme: How it works and why it’s good news

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Ray McKenna of employee benefits advisers Lockton was more optimistic. He described it as “a very welcome announcement that is long overdue for the one-third of employees that currently have no supplementary income outside of the State pension”.

He did, however, warn that there’s still a lot of work to be done to ensure scheme goes live in 2024. “Critically, the Government will need to press the go-live button when it’s ready, and we would be concerned that, just like other pension decisions such as increasing the retirement age, there may be a reluctance to act.”

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