Intent: We requested a consultation period in advance of regulations being finalised and we wanted to ensure that strong existing pension schemes were not impacted
Details: We wrote to the Minister regarding pending minimum contribution regulations
Intent: To gain understanding of possible changes to the Pensions Environment and to offer Society's help in building the public's understanding of pension investments
Details: Meeting between representatives of the Society of Actuaries and Tim Duggan Assistant Sec. DSP
The letter from Mercer Ireland to Minister Calleary addresses concerns about the new Auto-Enrolment pension system’s mandatory minimum contribution rates starting January 2026. Mercer highlights challenges for employers preparing under earlier guidance, urges stakeholder consultation to avoid unintended consequences, and calls for clarity on contribution calculations and scheme treatment to ensure a smooth, workable implementation. - Letter
Intent: Awareness in Government of the concerns of business, and cost implementation and cost challenges, in relation to last minute changes to the new auto-enrolment system
Details: Introduction of new pensions auto-enrolment model
Intent: A rushed introduction of S52 Regulations for minimum contribution standards could have significant unintended consequences. We urge the Department in the interests of ensuring as smooth a launch of MFF as possible on 1st January 2026, for employer and employees, and to prevent unintended consequences, that no S52 Regulations are made at this time.
Details: Minimum contributions for exemption from automatic enrolment in My Future Fund (MFF)
Intent: Attended the Joint Oireachtas Committee on Social Protection to discuss our Pre Budget Submission 2026, and to answer questions from the Committee Members
Attended the Joint Oireachtas Committee on Social Protection to discuss our Pre Budget Submission 2026, and to answer questions from the Committee Members - Lobby day