Employers could be forced to contribute thousands of euro each year to their employees’ pension pots, under proposals unveiled by Minister for Social Protection Leo Varadkar.
The scheme will feature equal contributions from employees, employers and the state of 5 per cent of salary from each, to give an overall pension contribution of 15 per cent of salary.
The introduction of a universal pension for private sector workers, similar to an auto-enrolment scheme introduced in Britain...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team