Pensions auto-enrolment gets closer

When are the provisions of the Automatic Enrolment Retirement Savings Act due to launch?

1 July 2025

1 January 2025

1 December 2024

1 August 2024

Which of the following statements is correct? Statement 1, Ireland is the only country without pensions auto-enrolment in the OECD, or statement 2, Ireland is the only country without pensions auto-enrolment in the EU

Both statements

Statement 1

Statement 2

Neither statement

Approximately what percentage of private sector employees will be eligible for pensions auto-enrolment?

95 percent

25 percent

15 percent

35 percent

Which age and earnings group will be eligible for pensions auto-enrolment?

Those aged 23-60 who earn between 20,000 and 40,000 euros a year

Those aged 23-60 who earn over 20,000 euros a year

Any age earning under 20,000 euros a year

Those aged 16-45 who earn over 20,000 euros a year

For every three euros a worker pays into a pensions auto-enrolment scheme,

Their employer will pay one euro and the state will pay three euros

Their employer will pay three euros and the state will pay one euro

Their employer will pay one euro and the state will pay one euro

Their employer will pay three euros and the state will pay three euros

Who will be responsible for administering pensions auto-enrolment?

Pensions funds

A new public body

The Pensions Authority

Employers

What is a major concern about pensions auto-enrolment?

Auto-enrolment has not been successful in other jurisdictions

Private pensions administration should not be managed by the state

The introduction date is too ambitious

Individuals should take responsibility for their pension arrangements

Which group of workers could lose out during the phasing-in period?

Those planning to retire within the next five years

Part-time workers

Those with a personal retirement savings account

Those who have held a pension for less than five years

Which of the following statements is true? Statement 1, to pay for auto-enrolment, some employers may adjust pay rates, or statement 2, to pay for auto-enrolment, some employers may pass costs on to consumers

Both statements

Neither statement

Statement 2

Statement 1

By 2034, what will be the maximum contribution rate for employers?

7 percent

5 percent

8 percent

6 percent

Pensions auto-enrolment gets closer

When are the provisions of the Automatic Enrolment Retirement Savings Act due to launch?

Which of the following statements is correct? Statement 1, Ireland is the only country without pensions auto-enrolment in the OECD, or statement 2, Ireland is the only country without pensions auto-enrolment in the EU

Approximately what percentage of private sector employees will be eligible for pensions auto-enrolment?

Which age and earnings group will be eligible for pensions auto-enrolment?

For every three euros a worker pays into a pensions auto-enrolment scheme,

Who will be responsible for administering pensions auto-enrolment?

What is a major concern about pensions auto-enrolment?

Which group of workers could lose out during the phasing-in period?

Which of the following statements is true? Statement 1, to pay for auto-enrolment, some employers may adjust pay rates, or statement 2, to pay for auto-enrolment, some employers may pass costs on to consumers

By 2034, what will be the maximum contribution rate for employers?

You scored

0

out of

0

Test passed. Enter your details to download your certificate. Your certificate will also be sent to you by email.

Our sites

Useful links

Using this site

Contact us

Planned system updates