Company convicted and fined in prosecution taken by the Pensions Authority

Tuesday 15 March 2016: In Newcastle West District Court, on Friday 11 March 2016, Earthworks Profiling Limited with an address of Cahermoyle, Ardagh, Co. Limerick pleaded guilty to failing to comply with a statutory request made by the Pensions Authority pursuant to section 18 of the Pensions Act 1990, as amended. Judge Larkin convicted and fined the company €400.

The request sought information and documentation detailing deductions made from employees’ wages for pension scheme contributions and payments made to the trustee of the pension scheme, the Construction Workers Pension Scheme (CWPS), as a result of allegations that monies were not being remitted to the trustee. However, full repayment of all outstanding contributions owed to CWPS was made prior to sentencing.

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For further information, contact:

David Malone
Head of Operations and Communications
The Pensions Authority
Tel (01) 6131900

Note to Editors

The Pensions Authority

The Pensions Authority (“the Authority”) is the statutory body established by the Pensions Act 1990 (“the Act”) to regulate occupational pension schemes, trust based RACs and Personal Retirement Savings Accounts (PRSAs) and to advise the Minister for Social Protection on overall pension policy development.

Under the Act, the Authority has power to carry out investigations into alleged breaches of the Act and to ensure that trustees, employers, pension administrators and their advisers comply with their obligations to current and former employees in relation to their pension contributions and benefits.

The Authority’s powers allow it to conduct on-site visits without notice, seize and copy relevant documents; enter dwellings on foot of a warrant, and to prosecute any person that contravenes the provisions of the Act.