Workers on the 40pc tax rate would fare better in a company scheme, number-crunchers say
The scheme is designed to help as many as 800,000 workers begin saving for their retirement with the support of their employers and the State. Image/Getty
Even if you’re among the third of private sector workers who don’t have any retirement savings and would rather get root canal treatment than think about getting a pension, it’s been hard to avoid a new government advertising campaign on radio, TV or social media about My Future Fund.
This is the name of Ireland’s automatic enrolment retirement savings system, which is designed to help as many as 800,000 workers begin saving for retirement with the support of their employers and the State.