Anne O'Connell

GOLD

Ireland Auto-Enrolment Update pension system

By Anne O’Connell

– posted 9 months ago

“MyFutureFund” Ireland’s new auto-enrolment pension system is now in effect as of 1^st January automatically enrolling “eligible” employees.

While many employers were prepared for this development, what came as a surprise were the further regulations signed into law on 22^nd December, 2025 (S.I. No. 668/2025 – Automatic Enrolment Retirement Savings System Regulations (Amendment) (Section 52) Regulations 2025, hereafter the “Regulations”).

The Regulations set out minimum standards that must be met in respect of contributions to occupational pension schemes and PRSAs in order for employments to be “exempt” from autoenrollment to MyFutureFund. These Regulations setting out minimum standards had not been expected for some time.

The Regulations which are already in effect since January 1^st stipulate the following minimum standards.

Continue reading here