About us

The Authority regulates and supervises compliance with the requirements of the Pensions Act

The Pensions Authority is a statutory body set up under the Pensions Act, 1990, as amended (the Act).

The Authority:

  • supervises compliance with the requirements of the Act by trustees of occupational pension schemes and trust RACs, personal retirement savings account (PRSA) providers, registered administrators (RAs) and employers,
  • investigates suspected breaches of the Act
  • conducts on-site inspections and compliance audits,
  • instigates prosecutions and other sanctions where breaches of the Act are found to have occurred,
  • provides policy advice and technical support to the work of the Minister and Department of Social Protection,
  • provides relevant information and guidance to the public and those involved with pensions, and
  • deals with enquiries received from scheme members, trustees, employers, the pensions industry, the general public and the media.

The three functions of the Pensions Authority are:

  • Supervision and enforcement – fostering public confidence in pensions by supervising pension schemes and PRSAs effectively and efficiently,
  • Policy – providing expert advice to the Minister for Social Protection to help inform policy development, and
  • Informationsupporting pension scheme trustees and the public┬áby providing guidance and information.