Support for DC
IRELAND - Defined contribution (DC) pension schemes saw membership rise by 87% in nine years but have been unfairly tagged as inferior, according to the Irish Association of Pension Funds (IAPF).
The organisation said there were more Irish private sector workers in DC than defined benefit (DB) schemes, but their contribution levels were too low with employers and staff on average paying in 6% and...
More on Ireland
Building Ireland's new pensions regime
Like many other European countries, Ireland has been faced with the question of how to deal with its public sector pension liabilities. However, as the Bill makes its way through Parliament Helen Morrissey assesses whether the proposed changes will prove...
Brendan Howlin: Bringing change to Irish pensions
The Irish government has implemented a raft of contentious changes to its public sector pensions as it looks to reign in costs including raising the pension age and increasing contributions. Helen Morrissey talks to minister for public expenditure and...
Taking a long-term view of Ireland's pensions
The Irish Association of Pension Fund's Jerry Moriarty looks at some of the major policy developments of the past year and asks what impact they will have in the future
Irish pension funds face new risk reserve requirements
IRELAND - Underfunded pension funds will have to meet new risk reserves which could add 10% to its funding requirements and will have the ability to use sovereign annuities under the proposed new funding standard.
Company director convicted for failing to deposit pensions
IRELAND - An Irish construction company director has been convicted for failing to pass on employee pension contributions to the Construction Worker Pension Scheme (CWPS).
