THE LONG AWAITED pension auto-enrolment scheme for workers is set to kick in on 30 September 2025.
Social Protection Minister Heather Humphreys made the announcement yesterday as part of Budget 2025.
Speaking in the Dáil today Humphreys described the scheme as a “generational reform”.
She also announced today that the Pay Related Benefit scheme, which will see workers who lose their job entitled to up to €450 or 60% of their salary, will kick in from 31 March 2025.
“This week, I will sign the commencement orders to ensure that there can be no going back and they will become a reality in 2025,” Humphreys told the Dáil.
When asked about the delay with the scheme by The Journal during a press conference yesterday, Humphreys said: “We’re giving businesses a year lead in time, because there have been concerns about further expenses on businesses.”
How will auto-enrolment work?
The scheme will apply to almost 800,000 workers between the age of 23 and 60 who are …