I propose to take Questions Nos. 59 and 93 together.
The Programme for Government contains a commitment to introduce the Automatic Enrolment (AE) Retirement Savings System. The aim of introducing AE is to address the pension coverage gap that exists in Ireland and to provide workers with access to a quality assured retirement savings scheme, thereby giving greater comfort and security regarding their retirement income. The new system - known as My Future Fund - commenced on the 1 January 2026.
Over 763,000 employees that weren't actively contributing to a qualifying pension or PRSA through payroll have now become eligible for My Future Fund. The following table sets out the data requested by the Deputies.
|
County
|
Number of employees registered
|
|
Cavan
|
12,059
|
|
Monaghan
|
10,458
|
|
Carlow
|
10,777
|
|
Kilkenny
|
13,184
|
I hope this clarifies matters for the Deputies.