“Our main ask is to say first of all that employers are very well disposed to make employer contributions but we need to give them certainty about their long-term labour costs,” he told the Oireachtas Joint Committee on Social Protection, Community and Rural Development, and the Islands on Wednesday.
He added that previous experience suggested the setting up of a central processing authority at the heart of the auto-enrolment process to handle the collection of contributions, the allocation of investment and the pooling of returns for members will prove more difficult than envisaged by the Government.
He said employers considered it would make more sense to organise contributions through the Revenue Commissioners who already have close links with all employers and systems in place to arrange deduction of taxes.
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Source: IrishTimes - 🏆 3. / 98 Read more »