Wednesday 8 March 2006:Pensions Board links up with CPL to Launch New Pensions Initiative as part of International Women's Day
‘Women in particular need to focus on their pensions’:
Anne Maher, Chief Executive, Pensions Board
Wednesday 8th March 2006: The Pensions Board has marked International Women’s Day by teaming up with CPL, Ireland’s leading recruitment company, which will now provide pensions information to those seeking employment. The initiative will see 30,000 candidates every year given the Pensions Board “Checklist” which encourages them to start a pension when they begin their new position.
The Pensions Board / CPL information initiative provides job seekers with a first step guide to the main items that people need to address in relation to preparing for an adequate income in retirement. The Checklist has 10 key questions for people to ask themselves about their pension status. It also includes a sample taken from the Pensions Board online Pensions Calculator promoting the need for people to take action on starting a pension.
As part of International Women’s Day, the Pensions Board is stressing that women are particularly vulnerable in the area of pension provision. Only one third of working women outside the public service, and just 46% of the women in the Irish workforce overall, currently have pension coverage.
Commenting on the new initiative, Anne Maher, Chief Executive, Pensions Board said: “The recruitment sector is in an ideal position to provide pensions information to those changing employment or starting a new job. By law your employer must provide you with some form of access to a pension, whether you are in full-time, part-time, temporary, contract or casual employment. It is very important that employees ask their employer what pension arrangements are available to them”.
“We chose International Women’s Day to launch this initiative because women in particular need to focus on their pensions and this link-up with the recruitment sector will help us reach our key target areas.”
CPL is the first recruitment company to become involved in this initiative. The company is headed by Anne Heraty, one of Ireland’s leading female entrepreneurs.
Discussing the initiative, Anne Heraty, Chief Executive, CPL said: “At CPL we have a higher percentage of female candidates than male, so it is fitting that this partnership with the Pensions Board is launched today, International Women’s Day. We recognise the importance of pensions for all our applicants and we are delighted to be in a position to provide them with the Pensions Checklist.”
The Pensions Board also has a booklet on ‘Women and Pensions’ and a range of other booklets available free of charge by visiting the Board’s website on www.pensionsboard.ie.
About the Pensions Board
The Pensions Board is the statutory body set up to regulate occupational pension schemes and Personal Retirement Savings Accounts (PRSAs) and to advise the Minister for Social Affairs, and through him, the Government, on overall pension policy development.
About the CPL Group
The CPL Group has ten offices in Ireland and is the leading provider of permanent and temporary staff in Ireland, offering recruitment, outsourcing and HR solutions to the public and private sectors. CPL places 20,000 temporary and contract candidates, and 9,000 permanent candidates every year across a wide range of sectors, including technology, accounting and finance, healthcare, pharmaceutical, sales, engineering, light industrial, and office administration.
Head of Information and Training
The Pensions Board
Tel: (01) 6131900
Q4 Public Relations
Tel: 01 4751444
Mobile: 087 2371838