Irish pension to use benefits to fund levy
IRELAND - Most small Irish pension funds will fund the controversial new pensions levy by reducing member benefits, an Aon Hewitt survey finds.
The Aon Hewitt Ireland Launches 2011 Defined Benefit Pension Survey, which studied 74 Irish employer sponsored DB schemes, found only one third of respondents would contribute to the levy by either an...
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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...
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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).
