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ARTICLE · 15 APRIL 2024

Pensions Update: Spring 2024

This Spring update from our Pensions Group covers topical issues in pensions law, including the latest news on automatic enrolment, a reminder of upcoming IORP II compliance...

IrelandEmployment and HR

This Spring update from our Pensions Group covers topical issues in pensions law, including the latest news on automatic enrolment, a reminder of upcoming IORP II compliance deadlines, the implications of recent changes to the State Pension regime and recent legislative and Pensions Authority updates.

Automatic Enrolment

As this Update was going to press, the draft legislation to introduce an automatic enrolment pension system in Ireland (the Automatic Enrolment Retirement Savings System Bill (the "AE Bill")) received Cabinet approval.

The introduction of automatic enrolment has been on the cards in Ireland since 2006, when the then Minister for Social and Family Affairs first published proposals on the matter. However, the Cabinet approval of the AE Bill suggests that the implementation of automatic enrolment will pick up significant pace over the coming months, with the AE Bill expected to shortly begin its passage through the Oireachtas and the Minister for

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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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