Overview
- Only the 2020 birth cohort will receive the €10 per month subsidy in 2026, with older children postponed for later phases.
- Budget documents allocate €50 million for next year, a sum cited by reporting as sufficient for just one age group rather than all 6–18-year-olds.
- The scheme channels state payments into privately run, equity-based accounts that are locked until retirement with gains tax-free during accumulation.
- Coalition sources describe an enrollment model where parents set up an eligible depot or insurance product, with an automatic standard option envisioned if no action is taken.
- Planners are leaning toward products without capital guarantees, though final parameters and certification rules are still being negotiated ahead of a private-pension reform draft expected before Christmas.