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Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (Resumed) (17 Apr 2024)

Leo Varadkar: ...who are only working part-time while they are students to opt out probably does not make a huge amount of sense. The trade unions have raised some issues in respect of anomalies around people who already have PRSAs. I am not sure whether their points are correct but they do need to be responded to. It would be terribly unfair if people who had already set up a PRSA were disadvantaged...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (Resumed) (17 Apr 2024)

Jennifer Murnane O'Connor: ...important, and these things need to be discussed. It is something that I have been asked on several occasions. While employers are legally required to provide their employees with access to a PRSA if they do not provide an occupational pension scheme, the employer does not have to make a contribution on behalf of the staff member to the PRSA. One in 20 employees with a pension has,...

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