The Pensions Authority is a statutory body set up under the Pensions Act, 1990.
The Authority regulates occupational pension schemes, trust RACs and Personal Retirement Savings Accounts (PRSAs) in Ireland.
The mission of the Pensions Authority is to regulate and influence the policy environment so that people working in Ireland are confident that they are making adequate provision for their old age and that their pensions expectations will be met.
The goals are:
- supporting the interests of members of occupational pension schemes and personal retirement savings account holders through effective regulation
- providing relevant information and guidance to the public and those involved with pensions
- supporting the Minister and the Department of Social Protection, and other Government Departments, through high quality policy advice and technical support.