The Irish Congress of Trade Unions has expressed disappointment over Minister Dara Calleary's decision to delay the 'My Future Fund' scheme start date from September to January, impacting 811,000 workers. This long-planned scheme, aimed at improving occupational pensions, was pushed back to align with the tax year and to give smaller payroll providers more time to prepare. The ICTU highlighted this delay in the context of recent government decisions that have rolled back commitments regarding sick pay and living wage, emphasizing the need for immediate action to ensure workers' pensions are secured.
The decision to delay the 'My Future Fund' scheme impacts 811,000 workers, sparking disappointment from the Irish Congress of Trade Unions who cite ongoing government rollbacks.
Minister Calleary stated the delay will align contributions with the tax year and allow payroll providers additional time, especially smaller businesses, for compliance.
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