Dáil debates

Thursday, 13 November 2025

Ceisteanna Eile - Other Questions

Pensions Reform

5:05 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)

I thank Deputies McCormack and Butterly for their questions. It is our intention to keep it simple. That is coming from the feedback that was under way for seven years now. We have started a strawman consultation. Employers have asked us to keep it simple and to keep the administration costs as minimal as possible. Most importantly for the approximately 750,000 people, they will have access to their money because for each person in My Future Fund, it is their money and not the State's money. They will see the top up from their employer and the State contribution and have access to that. I have no doubt there will be teething problems. There is going to be but we are trying to minimise those and get information to people inasmuch as we can.

On Deputy Butterly's question, we have advised other Departments that auto-enrolment is starting. They were advised early this year to ensure that groups and funding was properly in place. Within our Department, we have provided extra money for groups such as the rural social scheme, RSS, Tús and CE to ensure that auto-enrolment is covered. However, that is an ongoing communication in place with all the Departments and that we discussed earlier.

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