Oireachtas Joint and Select Committees

Wednesday, 15 February 2023

Joint Oireachtas Committee on Social Protection

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

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

Okay. In that case, let us take a more extreme example, which will make my case even stronger. At the moment, if somebody earning €100,000 puts money into a pension pot, the State gives a 40% discount on every €100 that is put in. Is that correct?

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