Pensions Auto Enrolment in the ROI - A Best Practice Guide

Introduction

It has been a long time in the making, but the OECD recommendations from their 2014 report to the Irish government concerning the need to expand pensions savings are finally coming to fruition.

The passing of the Automatic Enrolment Retirement Savings Scheme Act provides the legal framework for soft compulsion on payroll-based pensions savings.

While the exact commencement date is still under debate, employers can now start planning for the procedures they will need to adopt as a result of the Act. This session will provide an essential overview of the requirements of the Act and will also discuss best practice in this field based on experiences from jurisdictions with similar regimes such as the UK, Norway, Australia and New Zealand.

What You Will Learn

This live and interactive course will cover the following:

• Qualifying employees and employers
• Definition of pensionable earnings
• Contribution rates
• The €20,000 lower earnings threshold - how it will work
• The €80,000 upper earnings threshold - how it will work
• Qualifying exempt pension schemes
• Tax relief - how it will work
• NAERSA - how employers will interact with them
• Opt-outs and suspensions
• The “actively making contributions” rule

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.