ONE in ten of the workers in the Government’s new Auto-Enrolment scheme, ‘My Future Fund’ – or 75,706 in total – come from Cork.

The lion’s share of the workers auto-enrolled to My Future Fund come from Dublin, with one in three (32%) – or a total of 262,611 of the workers auto-enrolled so far – hailing from the capital.

At 75,706, Cork had the second highest share of workers auto-enrolled. Galway comes third with 38,463 in total, according to new government figures which provide a county-by-county breakdown of the number of workers enrolled to AE since it was launched at the start of the year.

Keith Butler, ceo of Ask Acorn (a nationwide network of financial advisers) said: ‘Recent CSO data shows that the highest proportion of workers reside in Dublin, Cork, Galway and so it’s not surprising that workers from these three counties account for the highest proportions of the overall number of Irish workers signed up to AE.’

So far, over 763,000 employees have been automatically enrolled since My Future Fund launched at the start of the year.

Pension experts at Ask Acorn are urging workers that have been signed up to AE to carefully weigh up the scheme and decide if it’s going to form part of their long-term plans or not, reminding these workers that they are still within the opt-out window, which is between six months and eight months of the date they were automatically enrolled, if they wish to leave the scheme.

For any worker enrolled on January 1, this means that their opt-out window runs until between June and August.