Oireachtas Joint and Select Committees
Thursday, 11 October 2018
Joint Oireachtas Committee on Social Protection
Automatic Enrolment Retirement Savings System: Discussion
10:00 am
Mr. Robert Nicholson:
No, that is a percentage contribution from gross, which will be then matched and, effectively, the matching replaces the tax relief in the straw man for the AE population. We are not commenting on the wider pensions environment. The Department of Finance is chairing a group that is looking at carrying out an assessment of wider tax relief as part of the road map for pensions reform. We are talking specifically about the AE population. It is a matching contribution, not tax relief.
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