About us

The Pensions Authority is a statutory body set up under the Pensions Act, 1990.

The Authority:

  1. supervises compliance with the requirements of the Pensions Act by trustees of occupational pension schemes and trust RACs, Personal Retirement Savings Account (PRSA) providers, Registered Administrators (RAs) and employers
  2. investigates suspected breaches of the Pensions Act
  3. conducts on-site inspections and compliance audits
  4. instigates prosecutions and other sanctions where breaches of the Pensions Act are found to have occurred
  5. provides policy advice and technical support to the work of the Minister and Department of Social Protection
  6. provides relevant information and guidance to the public and those involved with pensions
  7. deals with enquiries received from scheme members, trustees, employers, the pensions industry, the general public and the media.

The three functions of the Pensions Authority are:

  • Regulation - fostering public confidence in pensions by regulating pension schemes and PRSAs effectively and efficiently

  • Policy - providing expert advice to the Minister for Social Protection to help inform policy development

  • Information - supporting pension scheme trustees and the public by providing guidance and information.