Employers are not mandated to contribute to occupational pension plans, but they are required to provide employees with the option to participate.   The existing tax benefits for both employers and employees will continue to apply. The government is setting a precedent by pledging to match contributions up to €100 per employee each month.   […]

The recent adjustments to the pension system include a notable increase of €8 per week, with a further raise to €15 in 2024, translating to an annual boost of €416.   The ongoing tax exemption for individuals aged 61 and above receiving pensions will maintain its gradual progression, reaching 80% in 2025 (up from 60% […]

The proposed policy changes aim to provide much-needed support to various vulnerable groups in our society. By offering social security credits to individuals completing drug rehabilitation programs and entering employment, not only will the Government be incentivizing positive behavior, but also promoting financial stability.   Additionally, the adjustment in pension for disabled individuals retiring from […]