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Construction company director receives 18 month suspended prison sentence after pleading guilty to breaches of the Pensions Act in the Circuit Court
16 December 2013: On Thursday 5 December 2013, in Naas Circuit Court, Judge Michael O’Shea convicted and imposed an 18 month prison sentence on Eugene O’Neill, director of Swift Structures Limited (In Liquidation) with a registered address at Straffan Road, Barberstown, Maynooth, Co. Kildare for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit. Eugene O Neill pleaded guilty to a number of counts on the indictment.
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Proposed publication of the Pensions (Amendment) Bill, 2013
Tuesday, 19 November 2013: Today, on foot of the proposed publication of the Pensions (Amendment) Bill, 2013, The Pensions Board Chief Executive, Mr Brendan Kennedy, commented: “We note the proposed changes to the Pensions Act concerning the wind up priority order and benefit reduction provisions for defined benefit schemes.
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Host mailing service for tracing pension members
9 October 2013: Following discussions with the Department of Social Protection, The Pensions Board and the IAPF, a protocol has been agreed for the host mailing service for tracing pension members. This service is provided by the Department of Social Protection and can assist companies in tracing pension scheme members who may have moved address. The protocol outlines the details which must be provided in order to avail of the Department’s service.
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Invitation – Consultation on the future of DC pensions
16 September 2013: The Pensions Board is holding a series of public meetings to discuss the issues contained in its recently published consultation paper on the future of defined contribution pensions.