The Irish Association of Pension Funds (IAPF) has warned that planned changes to occupational pension regulations may create “unintended consequences” for some employers, following confirmation from the Department of Social Protection (DSP) that the new rules will include a minimum total contribution rate of 3.5 per cent.
The IAPF published the information on its website after it requested an urgent meeting with the DSP, where officials confirmed that employers will be required to pay at least 1.5 per cent of this amount, with the remaining 2 per cent paid either by employers or employees




