News

Monday 29 August 2005: Section 113 of the Pensions Act, 1990 to 2002, provides that where a transfer from a scheme to a PRSA is being undertaken then the provider, or an intermediary on its behalf, must present a comparison of the benefits which may accrue if the member remains in the scheme as against those which may accrue should the member transfer to the PRSA.

Monday 29 August 2005

At its meeting on 6th December 2002 the Pensions Board agreed a revised Occupational Pension Scheme Compliance Strategy.

Thursday 5 May 2005: On 30 October 1996 the National Pensions Policy Initiative was launched. This was jointly sponsored by yourDepartment and The Pensions Board. The objective of the Initiative was to facilitate national debate on how toachieve a fully developed national pension system and to formulate a strategy and make recommendations foractions needed to achieve this system.

Tuesday 12 July 2005: Report issued to Minister on progress of National Pensions Review - 29 June, 2005.

Wednesday 6 April 2005: This page provides a link to the Budapest Protocol which is published on the CEIOPS webisite (Committee of European Insurance and Occupational Pensions Supervisors).

The Board has published revised guidelines to applications for extended funding periods under section 49(3) of the Pensions Act. The Board has also taken steps to streamline the processing of these applications by publishing an application form to be completed by trustees and their advisers when making applications under Section 49(3) of the Act.