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Positive PRSA uptake
Friday 7 November 2003: The Pensions Board is pleased to report positive figures on the uptake of PRSAs at end September 2003. 51,782 employers had signed up with a PRSA provider and a total of 6,707 PRSAs were sold at that date. This figure is made up of 4,764 Standard PRSAs and 1,943 non-Standard PRSAs with a total value of assets of €5.2m at end September 2003.
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Think about tomorrow today, with the National Pensions Awareness Week
Monday 13 October 2003: Minister for Social and Family Affairs, Mary Coughlan TD, today launched National Pensions Awareness Week at The Pensions Board offices where the Board warned those without a pension that it takes a long time to save for an adequate retirement.
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New PRSA products approved
Thursday 11 September 2003: The Pensions Board and the Revenue Commissioners have recently approved three additional Standard PRSA products for two existing PRSA Providers.
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In the matter of: Irish Airlines (General Employees) Superannuation Scheme
Thursday 30 January 2003: On 30 January 2003, IMPACT applied to The Pensions Board for a determination as to whether the aforementioned scheme is a defined contribution or a defined benefit scheme pursuant to sections 38(2)(b), 53(2)(b), 58(2)(b) and 75(1)(a) of the Pensions Act, 1990 as amended (‘the Pensions Act’).
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64,000 employers questioned by The Pensions Board
Thursday 2 September 2004: The Pensions Board today issued 64,000 letters and questionnaires to employers who do not have an occupational pension scheme registered with The Pensions Board or who appear to have failed to sign up with a Personal Retirement Savings Account(PRSA) Provider to ensure their staff have access to a Standard PRSA.