The rollout of Ireland’s long-planned national auto-enrolment pension scheme has been deferred once again. Initially due to launch in 2024, the latest update confirms that implementation is now expected no earlier than 1 January 2026. While the delay shifts the timeline, it also presents an opportunity for employers to prepare for what will be a significant change in workplace retirement planning.
Pension experts have called for the removal of contribution caps, and many advisors believe the scheme will encounter further delays. However companies should still ensure they are well prepared in case the January 2026 proceeds as planned.
Implications for Employers
For businesses, the additional lead time means there is still no immediate legal obligation to automatically enrol employees into a pension scheme. That said, expectations around employee benefits continue to evolve. Many employers are recognising that offering a pension scheme - whether currently required or not - can support recruitment, retention, and overall employee engagement. The delay offers a window to evaluate internal systems, budgets, and policies to ensure readiness when the scheme is introduced.
Implications for Employees
Without the auto-enrolment scheme in place, some employees - particularly those early in their careers or in lower-income roles - do not yet have access to a structured retirement savings option. While this represents a gap, it also gives employers an opportunity to bridge that space by offering voluntary pension supports in the interim.
Next Steps for Businesses
In the absence of a mandatory scheme, businesses may wish to consider introducing Personal Retirement Savings Accounts (PRSAs) or similar voluntary options. These not only offer a way to support employees' financial wellbeing today, but also help businesses prepare for a smoother transition when the national scheme is launched.
For employers with existing pension schemes, this is an opportunity to demonstrate the value of your scheme to your employees and potential candidates when recruiting. Ensure your staff know how your scheme compares to the auto-enrolment option.
How Azets Can Help
At Azets Ireland, we work with businesses of all sizes to navigate payroll, pensions, and regulatory change. We can support clients in taking proactive steps today - while also ensuring they're well-positioned for the scheme’s eventual rollout.
- Payroll Services
We help businesses manage voluntary pension contributions efficiently and accurately, whether through existing schemes or PRSAs. Our payroll systems can also be adapted to handle future auto-enrolment requirements seamlessly when the scheme goes live. - We can refer you to a reliable pension advisor who can assist in evaluating current pension offerings and implementing interim solutions that meet employee needs and align with future auto-enrolment obligations.
- Review of Payroll Services
We provide independent reviews of payroll and pension processes to identify gaps, enhance compliance, and ensure readiness for upcoming regulatory changes, including those expected under the national auto-enrolment framework.
Whether you’re planning ahead or putting temporary solutions in place, Azets is here to help you prepare with confidence - supporting your employees today and your business into the future.
