"Portal for registering financial details goes live on Monday"
"Employers have been warned they may face fines of up to €50,000 and imprisonment for breaching the rules of the new national auto-enrolment pension scheme called My Future Fund."
"The warning is contained in Department of Social Protection documents that also provide details of a new portal for employers that is set to go live on Monday."
Employers may face fines up to €50,000 and imprisonment for breaching rules of the new national auto-enrolment pension scheme My Future Fund. Department of Social Protection documents set out the penalties and compliance expectations for employers. The documents also provide details of a new online portal for employers to register financial details and manage compliance requirements. The portal is scheduled to go live on Monday. Employers will need to use the portal to meet registration and reporting obligations under My Future Fund. Non-compliance with enrolment and reporting requirements can trigger the specified penalties.
Read at Independent
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