October 2025 Update Pension auto-enrolment is on the way in Ireland, and it will have a significant impact on payroll processing. Here’s a clear overview of how the new system will operate, who will be eligible, and how it will be handled in Parolla. Key Features and Eligibility How Auto-Enrolment Will Work The National Automatic Enrolment Retirement Savings Authority (NAERSA) … Read More
What is Auto-Enrolment/ My Future Fund?
Auto-enrolment is a government-led program that automatically enrols eligible employees into a workplace pension scheme, ensuring they save for retirement. Employees contribute to the scheme, and their employers match these contributions, with the government providing additional top-ups. The new scheme, called MyFuture Fund, will launch in September 2025. The government aims to simplify the retirement savings process and increase participation … Read More