The Automatic Enrolment Retirement Savings Act 2024 has now been signed into law. The Automatic Enrolment Act is expected to result in approximately 800,000 employees, who don’t currently have a pension arrangement, saving towards their retirement. While the Automatic Enrolment Act is yet to be commenced, it is expected that the first enrolments will be in early 2025.
The Automatic Enrolment Act will impact all employers in Ireland in one way or another. It will be important that all employers are familiar with the legislation and its specific impact on them.
Keep you eye on our Social Media pages for further information on:
Keep you eye on our Social Media pages for further information on:
- The Automatic Enrolment Scheme.
- Details of what constitutes exempt employment.
- The application of the Automatic Enrolment Act for employees.
- Changes that can/need to be made to existing pension schemes and employment contracts to take account of the Automatic Enrolment Act.
- Details of whether the Automatic Enrolment Act applies to employers with existing occupational pension arrangements.
At Canavan Byrne, we are with you every step of the way.
Share this article
