Fewer people than initially expected will be subject to Ireland’s new mandatory workplace pension, My Future Fund, it has emerged, amid of war of words between the Department of Social Protection and employer and pension groups.
The Government has consistently said that up to 800,000 people are likely to find themselves enrolled in the fund, which will deduct 1.5 per cent of their gross salary from their after-tax income from January – a figure that will rise to 6 per cent over the next decade.
However, papers released in the wake of Budget 2026 show the Government now expects the maximum number of workers likely to be af
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