![International Restructuring Newswire Q3 2024](https://www.nortonrosefulbright.com/-/media/images/nrf/hero/international-restructuring-newswire-q3-2024.jpg?w=265&revision=a3072c7f-a22a-4c6a-a45d-66211fe15f15&revision=5250261152337387904&hash=99DE369EF7C6069BCDD3DC4E536D7FAB)
Publication
International Restructuring Newswire
Welcome to the Q3 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
United Kingdom | Publication | July 2024
On July 9, 2024, the Automatic Enrolment Retirement Savings System Act 2024 was signed into Irish law.
The scheme is more ambitious than its current UK counterpart as, starting in 2025, employees will contribute 1.5 per cent of their gross earnings, to be matched by their employer, and topped 2 per cent up by the State.
These rates will gradually increase every three years, reaching a maximum contribution rate of 6 per cent per employee, 6 per cent per employer, plus 2 per cent from the State, from 2034 onwards.
Publication
Welcome to the Q3 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023