Minister for Social Protection Dara Calleary has introduced last minute rules mandating minimum contributions to occupational pensions schemes from January. Any employer offering a defined contribution occupational pension scheme will need to ensure that contributions to the scheme at least equal 3.5 per cent of a worker’s gross pay. If not, the business will be required to enrol the worker in the Government’s new mandatory workplace pension scheme, My Future Fund. Contributions to in house occupational schemes will be assessed over three months to see whether they comply with the new rules. Originally, anyone who voluntarily signed up to an occupational pension scheme with their employer was excluded from My Future Fund.

Source: The Irish Times December 25, 2025 06:02 UTC