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.

The Authority:

• supervises compliance with the requirements of the Pensions 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 Pensions Act,
• conducts on-site inspections and compliance audits,
• instigates prosecutions and other sanctions where breaches of the Pensions 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 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
• Information – supporting pension scheme trustees and the public by providing guidance and information.