Auto-enrolment is a 2024 Government initiative which aims to increase pension savings for Employees by ensuring they are automatically enrolled into a pension scheme through their Employers.

While Employers in Ireland are not obliged at this point in time to make a contribution to a Pension fund for an Employee, it is mandatory for the Employer to provide access to a PRSA through payroll

A Group Pension can accept 3 types of Contributions: Employer, Employee & AVCs.

Companies can opt to set up and impose a 2-Year Vesting period for Employer Contributions to Occupational Schemes.