New pensions regime must not hit employers

AS a small business employing 35 staff we agree with the principle of making pension contributions mandatory, but it must not be another tax on work.

Employers already pay 10.75% PRSI and another 2% would only increases costs and be a disincentive to job creation. We would like to see:

1. If we employers pay the 2%, then we must be given a credit against our PRSI obligations or against employees’ wage increases.