Almost 39,000 Midlands Workers Auto-Enrolled In New Government Pension Scheme

The opt-out window for the government scheme closes later this summer.

Almost 39.000 workers in the Midlands have been auto-enrolled into the Government’s new My Future Fund pension scheme since January. 

In Westmeath over 14,000 workers are enrolled, the figure is over 12,400 in Laois and in Offaly it's just under 12,400. 

Nationally, over 763,000 employees have joined the scheme, with Dublin accounting for the largest share.

Pension advisers are urging Midlands workers to carefully consider their options before the opt-out window closes later this summer.

Leaving the scheme could impact long-term retirement savings, particularly for those without alternative pension plans.

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