ARTICLE · 16 MAY 2025

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The Automatic Enrolment Retirement Savings System Act 2024, signed into law on 9 July 2024, introduces a new retirement savings scheme in which workers will be automatically enrolled once they meet certain requirements.

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Auto-Enrolment: Deferral of Date for First Contributions

The Automatic Enrolment Retirement Savings System Act 2024, signed into law on 9 July 2024, introduces a new retirement savings scheme in which workers will be automatically enrolled once they meet certain requirements. We looked at the introduction of a Statewide auto-enrolment pension system in our briefing: Auto-Enrolment – What we know so far.

The Government has confirmed that first contributions under an auto-enrolment system will not be made until 1 January 2026. The parts of the Act that mandate automatic enrolment will take effect on 1 January 2026, instead of the previous commencement date of 30 September 2025. Further information is available on the Department of Social Protection website here: Collection of contributions for My Future Fund rescheduled to 1st January 2026.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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