Auto-Enrolment Pension Scheme (Ireland)
Supporting Irish Employers with Auto Enrolement
What Is Auto-Enrolment in Ireland?
Auto-enrolment is a new retirement savings system being introduced by the Irish Government. It will automatically enrol employees who aren’t already in a pension scheme into a state-supported workplace pension.
Here’s a quick overview:
Eligible Employees: Aged between 23 and 60, earning over €20,000 annually, and not already in an occupational pension scheme.
Employee Contributions: Automatically deducted from salary.
Employer Contributions: You will be required to match your employee’s contributions (up to a set limit).
State Contributions: The Government will top up each contribution, offering further incentive for employees to save.
What Employers Need to Know
As an employer, you will be legally required to:
Automatically enrol eligible employees
Deduct and remit pension contributions
Match employee contributions (within limits)
Maintain accurate records
Stay compliant with the Central Processing Authority (CPA), the new body overseeing the scheme
Failure to comply could result in fines or penalties, so it’s crucial to be prepared early.
How We Can Help
We provide tailored support for Irish businesses to meet their auto-enrolment obligations:
1. Employer Readiness Review
We assess your current payroll setup and workforce to ensure you’re ready for implementation.
2. Payroll Integration
We’ll ensure your payroll system is updated to handle deductions, employer matching, and reporting accurately.
3. Ongoing Compliance Support
We’ll monitor changes, manage re-enrolment duties, and keep your business fully compliant.
4. Employee Communication
We help you clearly communicate changes to your staff and answer any questions about the scheme.
5. Dedicated Support Team
From onboarding to day-to-day queries, our experienced team is just a call or email away.
