Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

It is not anticipated that there will be any additional cost on foot of the introduction of the proposed amendments. Employers may receive tax relief on contributions to an employee’s PRSA or pan-European personal pension product, PEPP, which is currently the case. It is possible that employers will make greater contributions to PRSAs than they are currently making, particularly in smaller companies controlled by one or a small number of individuals. However, it is anticipated that any increase in employer PRSA contributions will be matched by a corresponding decrease in employer contributions to smaller occupational pension schemes. If this is the case, the overall tax cost of pensions relief should not change.