Mission, vision and values

Our vision

The Authority’s vision for the future is a pensions system where retirement savings are secure, well-managed, cost-efficient, and easily understood, and which encourages pension savings.

Our mission

1.      To oversee and supervise pension schemes and Personal Retirement Savings Accounts (PRSAs) effectively and efficiently to ensure the best outcomes for pension scheme members and thereby foster public confidence in pensions.

2.      To provide information to the public through the publication of general guidance and information.

3.      To provide expert advice to the Minister for Social Protection and to the Government on pension matters.

Our values

Public interest – we act in the interests of pension scheme members, prospective members and beneficiaries and PRSA contributors, with respect to their pension rights.

Professionalism – we carry out our work with skill, expertise, good judgement, and respect.

Integrity – we act honestly and ethically and are committed to accountability and transparency.

Effectiveness – we apply our efforts where they will have the greatest impact on member outcomes.

Efficiency – we are focussed on cost-effective operations and regulation.

Responsiveness – we adapt as circumstances change to meet our objectives.

Independence – we act objectively and impartially in carrying out our functions.

The Authority’s Statement of Strategy sets out the organisation’s strategic objectives to deliver its vision, as follows:

• The Irish pensions system will comprise stable and sound occupational pensions and PRSAs that are well managed to appropriately high standards.
• The Authority will encourage, facilitate and, where possible, direct further consolidation of DC pension schemes.
• The Authority will be well known as an accessible, relevant, and practical source of information for the public, members, contributors, beneficiaries and the pensions sector.
• The Authority will be a valuable source of expert advice to the Minister for Social Protection and to the government on pension matters.
• The Authority will report annually on the operation of the National Automatic Enrolment Retirement Savings Authority (NAERSA).