1 in 4 Irish companies yet to prepare for pension auto-enrolment

  • Pay & Benefits

Gemma O'Connor , Head Of Service

(Last updated )

Jump to section:

25% of Irish businesses have yet to take any action to prepare for the upcoming pension auto-enrolment scheme, according to a recent study.  

The study, carried out by professional services firm Aon, assessed the readiness of a variety of different organisations in relation to the upcoming pension scheme. 

Given the extensive preparations required ahead of the launch date, businesses around the country should be implementing a strategic roadmap now.  

What is pension auto-enrolment? 

The upcoming pension auto-enrolment scheme, My Future Fund, is a government initiative designed to automatically enrol eligible employees into a pension scheme.   

The auto-enrolment system will apply to employees aged between 23 and 60, who earn over €20,000 per year and are not yet enrolled in any occupational private pension scheme. It’s estimated that as many as 800,000 workers will be enrolled once the scheme begins on 1 January 2026.  

How are businesses feeling about pension auto-enrolment? 

The study revealed valuable insights into the general preparedness of Irish businesses in relation to pension auto-enrolment. Below are some key takeaways: 

How should employers prepare for auto-enrolment? 

Ahead of 1 January 2026, Irish employers will need to complete several key steps in preparation for pension auto-enrolment.  

Here are our top tips for business owners: 

Try Brainbox for free today

When AI meets 40 years of Peninsula expertise you get instant, expert answers to your HR and health & safety questions

Ask a question now
1800 719 247Speak to an expert 24/7