Ireland's new auto-enrolment pension scheme just launched — and it changes things for anyone moving into consultancy or part-time work.
My Future Fund (administered by NAERSA) automatically enrols workers aged 23–60 earning over €20,000 who aren't already in a workplace pension. Year one: 1.5% from you, 1.5% from your employer, plus the state tops up 33% of your contribution.
If you already have a PRSA and your employer is willing to contribute to it, you may be able to use that instead.
My Future Fund (administered by NAERSA) automatically enrols workers aged 23–60 earning over €20,000 who aren't already in a workplace pension. Year one: 1.5% from you, 1.5% from your employer, plus the state tops up 33% of your contribution.
If you already have a PRSA and your employer is willing to contribute to it, you may be able to use that instead.
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