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Enacted Dáil
No. 22 of 2024

Automatic Enrolment Retirement Savings System Bill 2024

Public bill · Government · Presented

Creates a State-run retirement savings system for employees who do not already have a qualifying pension scheme, with automatic enrolment for eligible workers aged 23 to State Pension age earning at least €20,000. Workers, employers and the State would all pay in, contributions would be invested through approved funds, and savings would be paid out when a person reaches pension age, with options to opt out, rejoin later, or access funds early in limited cases. It also sets up a new public body to run the system, protect participants, handle appeals and enforce employer compliance.

Formal long title

Bill entitled an Act to provide for the establishment of a body to be known as An tÚdarás Náisiúnta um Uathrollú Coigiltis Scoir; to provide for that body to establish, maintain and administer an automatic enrolment retirement savings system for employees in employment not covered by qualifying schemes; to provide for automatic enrolment and re-enrolment of participants in that system and for opting into and out of the system; to provide for payment of contributions by participants, their employers and the State, the investment of contributions and the payment of retirement savings out of participants’ accounts; to provide for the consequential amendments of certain enactments; and to provide for related matters.

Last updated 30 August 2024

Sponsor
  • Minister for Social Protection Primary
Progress
  • First Stage
    Dáil
  • Second Stage
    Dáil
  • Committee Stage
    Dáil
  • Report Stage
    Dáil
  • Fifth Stage
    Dáil
  • Second Stage
    Seanad
  • Committee Stage
    Seanad
  • Report Stage
    Seanad
  • Fifth Stage
    Seanad Enacted
  • Cream List
    Dáil Enacted
  • Enacted
    Enacted
Debates
  • Automatic Enrolment Retirement Savings Systems Bill 2024: From the Seanad
    Dáil
  • Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages
    Seanad
  • Automatic Enrolment Retirement Savings System Bill 2024: Second Stage
    Seanad
  • Automatic Enrolment Retirement Savings System Bill 2024: Report and Final Stages
    Dáil
  • Automatic Enrolment Retirement Savings System Bill 2024: Committee Stage
    Select Committee on Social Protection, Community and Rural Development and the Islands
  • Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (Resumed)
    Dáil
  • Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (Resumed)
    Dáil
  • Automatic Enrolment Retirement Savings System Bill 2024: Referral to Select Committee
    Dáil
  • Automatic Enrolment Retirement Savings System Bill 2024: Second Stage
    Dáil

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