The Minister for Social Protection Joan Burton looks set to implement plans to get more people to sign up for private pensions.
Under the proposals employees will be automatically enrolled in pension schemes.
There have been warnings about the problems in the pensions system in recent times.
Under the plans drawn up by the Department of Social Protection, a new universal pension scheme will be introduced, to ensure employees have adequate funds when they retire.
The scheme will bring about automatic enrollment and workers will have to pro-actively opt out if they do not want to be part of it.
The National Treasury Management Agency will supervise the scheme so the State will be unable to access the fund for general spending.
It is believed that the Minister will give more details about the plans in the new year and its introduction is to happen when the economy shows signs of a recovery in the coming years.
