Written answers
Wednesday, 8 July 2009
Department of Social and Family Affairs
Pension Provisions
James Bannon (Longford-Westmeath, Fine Gael)
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Question 367: To ask the Minister for Social and Family Affairs the action she is taking on behalf of a person (details supplied) in County Westmeath to ensure that the pension benefits of workers who took out a pension with pension fund providers are secure; and if she will make a statement on the matter. [28135/09]
Mary Hanafin (Dún Laoghaire, Fianna Fail)
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The Construction Federation Operatives Pensions Scheme (now known as the Construction Workers Pension Scheme) operates as a Registered Employment Agreement under the Industrial Relations Acts. Compliance with the terms of the scheme is enforced through the Construction Industry Monitoring Agency, The Labour Court and the Department of Enterprise, Trade and Employment. My Department has no direct role in relation to the operation of the scheme.
The Pensions Board has a role in relation to the scheme in so far as compliance with the various aspects of the Pensions Act is concerned. The Board will investigate matters brought to its attention which are relevant to the requirement of the Act. Alternatively, it is open to a person to make a complaint to the Pensions Ombudsman who can investigate complaints of financial loss due to maladministration and disputes of fact or law in relation to occupational pension schemes and Personal Retirement Savings Accounts.
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