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Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (26 Feb 2019)

Regina Doherty: ...between employees and their employers. All employers, including CE sponsoring organisations, are legally obliged to offer access to at least one Standard Personal Retirement Savings Account, PRSA, under the Pension (Amendment) Act 2002. The issue was examined by a Community Sector High Level Forum, chaired by the Department of Public Expenditure and Reform. A number of Departments...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (19 Feb 2019)

Regina Doherty: ...provided provision for funding for CE supervisor pensions. Employers, including CE sponsoring organisations, are legally obliged to offer access to at least one Standard Personal Retirement Savings Account (PRSA) under the Pension (Amendment) Act 2002. The motion called for the Minister for Public Expenditure and Reform to meet with unions with a view to addressing the issue of CE...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (12 Feb 2019)

Regina Doherty: ...a further Exchequer cost of up to €318 million. Employers, including CE sponsoring organisations, are legally obliged to offer access to at least one Standard Personal Retirement Savings Account (PRSA) under the Pension (Amendment) Act 2002. I hope this clarifies the matter for the Deputy.

Written Answers — Department of Employment Affairs and Social Protection: Disability Allowance Eligibility (29 Jan 2019)

Regina Doherty: ...financial incentives exist to take up employment. Earnings assessed for means testing purposes generally is based on gross earnings before tax but after PRSI contributions, superannuation/PRSA contributions and trade union subscriptions. The current entry points to the tax net ensures that employees do not have to pay income tax until earnings reach €16,500 per annum for a...

Written Answers — Department of Finance: Pensions Data (17 Jan 2019)

Paschal Donohoe: I am advised by the Pensions Authority (PA), a body under the aegis of the Department of Employment Affairs and Social Protection, that at the end of Q3 2018, the value of assets held in PRSA accounts stands at circa €6.6bn. The number of PRSAs established at that time was 275,739 resulting in a mean average value of PRSAs of circa €24,000. I am further advised by the PA that...

Social Welfare, Pensions and Civil Registration Bill 2018: Second Stage (14 Nov 2018)

Willie Penrose: ...always to make workers pay more and to privatise as much of the pension system as possible. A major so-called reform of Irish pensions was the introduction of personal retirement savings accounts, PRSAs. Although they have been in operation since 2003, only 50% of employers provide access to PRSAs and only 4% of employees and 10% of the self-employed are contributing to them. While an...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (13 Nov 2018)

Regina Doherty: ...for funding for CE supervisor pensions. Employers, including CE sponsoring organisations, are legally obliged to offer access to at least one Standard Personal Retirement Savings Account (PRSA) under the Pension (Amendment) Act 2002. On foot of the Labour Court recommendation, the issue of CE supervisor pensions is currently being examined by a Community Sector High Level Forum,...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 13 - Office of Public Works
Chapter 6: Lease of Offices at Miesian Plaza
(11 Oct 2018)

Marc MacSharry: Would any qualify for a licence under the Property Services Regulatory Authority, PRSA, criteria if the OPW were to apply for one?

Ceisteanna Eile - Other Questions: Community Employment Schemes Supervisors (26 Sep 2018)

Regina Doherty: ...provision for funding for CE supervisor pensions. Employers, including CE sponsoring organisations, are legally obliged to offer access to at least one standard personal retirement savings account, PRSA, under the Pension (Amendment) Act 2002. I am sure the Deputy is well aware of that. On foot of the Labour Court recommendation, the issue of CE supervisor pensions is currently being...

Written Answers — Department of Finance: Pension Provisions (25 Sep 2018)

Paschal Donohoe: The transfer of the deferred benefits of a member of an occupational pension scheme or a Personal Retirement Savings Account (PRSA) contributor's PRSA fund to an overseas pension arrangement is permitted, subject to the transfer complying with the Occupational Pension Schemes and Personal Retirement Savings Accounts (Overseas Transfer Payments) Regulations, 2003 and Revenue requirements. The...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Community Groups: Discussion (24 May 2018)

...doors already this year. That has not spread throughout the country yet but in Donegal there has been a drastic reduction. That will eat into profits. The Property Services Regulatory Authority, PRSA, now regulates us as well. We have to do more book work. Marts are 50 years old. We put up a new office last year and before that we had to put on a new roof. Cattle abuse livestock...

Written Answers — Department of Employment Affairs and Social Protection: Legislative Measures (16 May 2018)

Regina Doherty: ...assurance policy with a company or insurance agency that sells life insurance; or transferring the benefits into another arrangement for the provision of retirement benefits such as, for example, a PRSA or a buyout bond. It must be noted that this is a discretionary provision and the trustees are not compelled to discharge the liability in this way. The wind-up options in section 48(3)(b)...

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Andrew Doyle: ...for such employees, even where the companies in question are reliant on State funding. It is open to individual CE supervisors to provide for a pension by way of a personal retirement savings account, PRSA, which all employers are obliged to facilitate. It is not possible, despite what has been said, to confine consideration of this matter to community employment supervisors and...

Written Answers — Department of Finance: Tax Reliefs Data (17 Apr 2018)

Paschal Donohoe: ...To Approved Superannuation Schemes (4) 580.6 618,900 PQ/16596 Exemption of employers' contributions from employee BIK (4) 559 342,100 PQ/16597 Pension Contribution (Retirement Annuity and PRSA) 215 96,200 ‘Employers' Contributions To Approved Superannuation Schemes (4)’, ‘Employees' Contributions To Approved Superannuation Schemes (4)’, ‘Exemption of...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (29 Mar 2018)

Regina Doherty: ...for funding pension arrangements for such employees even where the companies in question are reliant on State funding. It is open to individuals to make provision for a pension by way of PRSA which all employers are obliged to facilitate. However, it should be noted that the issue of CE supervisors’ pension provision is currently being examined by a Community Sector High Level...

Written Answers — Department of Finance: Tax Code (28 Mar 2018)

Paschal Donohoe: ...consent. In such situations benefits are restricted. In the case of approval of personal pension arrangements such as retirement annuity contracts (RACs) and Personal Retirement Savings Accounts (PRSAs) benefits can be taken from age 60, with early retirement permitted in certain circumstances. In relation to all of these pension arrangements, benefits can be taken at any stage where...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (20 Mar 2018)

Regina Doherty: ...for funding pension arrangements for such employees even where the companies in question are reliant on State funding. It is open to individuals to make provision for a pension by way of PRSA which all employers are obliged to facilitate. However, it should be noted that the issue of CE supervisors’ pension provision is currently being examined by a Community Sector High Level...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (21 Feb 2018)

Regina Doherty: ...for funding pension arrangements for such employees even where the companies in question are reliant on State funding. It is open to individuals to make provision for a pension by way of PRSA which all employers are obliged to facilitate. However, it should be noted that the issue of CE supervisors’ pension provision is currently being examined by a Community Sector High Level...

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (17 Jan 2018)

Regina Doherty: ...for funding pension arrangements for such employees even where the companies in question are reliant on State funding. It is open to individuals to make provision for a pension by way of PRSA which all employers are obliged to facilitate. My Department was neither party to or bound by the Labour Court Recommendation (LCR19293). Nevertheless, it should be noted that the issue of CE...

Leaders' Questions (13 Dec 2017)

Leo Varadkar: -----by paying into a pension fund or a personal retirement savings account, PRSA, and that, of course, is what public servants do. If one is a teacher or a civil servant and one works for the public service, one makes contributions to the public pension fund.

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