Information available from the Pensions Authority
Please refer to the 'Related Links' below for information about the Pensions Authority on the following;
Establishment and role – who we are and what we do
Mission plans and strategy
Organisation and Pay/Grading structure
The rates of pay in each circular are at Appendix 1A, which applies to class D PRSI (pre 6 April 1995 entrants) and Appendix 2A, which applies to Class A PRSI (post 6 April 95 entrants).
Information for scheme members
The effectiveness of the Pensions Act, 1990 in safeguarding occupational pensions depends to a large extent on scheme members being made fully aware of their rights under the Pensions Act, 1990.
With this in mind, the Authority produces an extensive range of information in the form of information, checklists and guidance notes on all aspects of the Pensions Act, 1990, relevant to scheme members. All of this information is available under the 'Checklists and guides' section of the Authority’s website.
Guidance for pension practitioners
Detailed guidance notes and FAQs (designed mainly for the use by pension practitioners) in relation to compliance with the main provisions of the Act can be downloaded from the Authority’s website.
Memoranda of understanding
Below is a list of memoranda of understanding the Pensions Authority has made to date:
- Memoranda of understanding between the Pensions Authority and the Central Bank of Ireland dated 16 September 2016.
- Memoranda of understanding between the Pensions Authority and the Financial Services and Pensions Ombudsman dated 6 November 2019.
Types of records available at the Authority include:
Class of record
These records concern the day to day management of the Authority. Information held in this area can include subjects such as financial control, organisation of Authority meetings, contracts for the provision of goods and services to the Authority, etc.
This is information held on the formulation and implementation of policy, which can evolve from a wide range of sources, including recommendations of the Authority or Ministerial instructions.
Information kept under this heading relates to the preparations for law making, the procedure by which a proposal from its initial stages ultimately becomes law through the introduction of an Act of the Oireachtas.
Register of schemes
Trustees of schemes are obliged, under the Pensions Act, to register occupational pension schemes with the Authority. Information in this category includes the database which the Authority maintains for this purpose.
The Authority supervises the activities of providers in relation to their approved products and monitors compliance with the legislation regarding PRSAs. As part of the Authority’s regulatory role, a register of PRSA providers and their products is available to view on the Authority’s website.
The Authority's Enquiry Service deals with enquiries from scheme members and their dependants, prospective members, trustees, trade unions, employers and company employees with personnel, industrial relations and/or pay functions. Enquiries of a more technical nature are also received from pension practitioners and professional bodies.
Information kept in this category relates to complaints of non-compliance with the Pensions Act, compulsory and voluntary reports to the Authority, scheme audits, investigations arising from enquiries/complaints/reports, prosecutions under the Act and the issuing of directions etc. under the Act.
Information kept in this category relates to the formal determinations that the Authority has the power to make under the Act.
Information in this category includes all stages of instructions or guidelines issued to Authority members and/or staff in the administration of the Pensions Act.
EU directives/ guidelines
Material held would contain information on the directive or guideline in question, and how it is interpreted and operated in the State.