IORP II Directive

The new EU Directive on the activities and supervision of institutions for occupational retirement provision (IORP II) was adopted in 2016.  The Authority will provide technical support to the Department of Employment Affairs and Social Protection in transposing the Directive into law by the EU deadline of January 2019. 

Here is a link to the text of the IORP II Directive: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32016L2341

On 1 October 2018, the Pensions Authority published information (see under Related Files below) to give trustees an understanding of the breadth of their responsibilities arising from the provisions of the IORP II Directive. This information is provided to assist trustees in preparing for what the potential impact might be and what actions they should consider now.