Government move forward with auto enrolment pension laws
The Government has approved the next steps for laws to create auto-enrolment pensions.
The general scheme would see 750,000 people currently without a pension plan entered into one with employers matching contributions.
For every €3 put in, the state and employers will add four more at the height of the scheme.
It’s been sent for pre-legislative scrutiny ahead of expected approval by 2024.