Defined contribution program in ireland

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Question

Present the key provisions of this Defined Contribution program in Ireland. Focus on auto enrollment in Ireland's new law Identify the major characteristics of the Ireland's auto-enrollment. You can go back to week 3 and look at what is in Secure Act 2 passed by the House on automatic enrollment in the U.S. The purpose of auto enrollment is to assist workers to save for retirement --the government is not going to provide the benefit --it will provide the tools to save ...even if the savers are reluctant or not motivated to save that is the purpose of auto enrollment. The Irish government provides a benefit not offered by the US government -make sure to mention that. What is that key difference between the U.S. Secure 2 (see above) and the Ireland reform?

Reference no: EM133672919

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