Oireachtas Joint and Select Committees

Wednesday, 8 February 2023

Joint Oireachtas Committee on Social Protection

General Scheme of the Automatic Enrolment Retirement Savings System Bill: Discussion (Resumed)

Photo of Marc Ó CathasaighMarc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source

Does Dr. Roantree have anything to say about the cost to the State of moving away? Essentially we are proposing a flat rate of 25%. The relief would then follow at 20% or 40%. A lot of cases exist where the auto-enrolled income would actually be a second income in the house. Would moving to a standard taxation approach actually increase the State liability in terms of the pension contributions?

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