“One common narrative is that, for lower rate taxpayers, My Future Fund is better than occupational arrangements because the Government incentives are better,” Ms Briggs said. “Your employer’s pension plan could offer better value, more flexibility, and greater long-term benefits,” she said. “My Future Fund and your employer’s pension plan operate in fundamentally different ways. “Choosing the right pension plan can significantly impact your future savings and your take-home pay today,” she said. That means it expects €462 million to be deducted from workers’ pay to cover their contributions to the My Future Fund.

Source: The Irish Times October 21, 2025 22:55 UTC