Eoin McGee answers: 'My 20-year-old son has 20k in savings. Should I encourage him to start a workplace pension ahead of auto-enrolment?'

"Can he still join the new government scheme if he works more hours in the future?"

"I have a 20-year-old student son who is doing part-time work, usually three shifts a week in a retailer. My question is this: he has approximately €20,000 in savings from various gifts since he was young."

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A 20-year-old student works part-time, typically three shifts per week in a retail job. He has approximately €20,000 in savings accumulated from gifts received since childhood. The family wants to know whether he can join a new government scheme and whether future increases in working hours would affect his eligibility. The core concerns are the scheme’s rules on age, income thresholds, means testing, and savings limits. The situation requires checking whether part-time status or savings totals impact qualification and whether changing hours or earnings later would alter access to or benefits from the scheme.

Read at Independent