Written answers

Tuesday, 28 February 2017

Department of Social Protection

Pension Provisions

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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409. To ask the Minister for Social Protection if pension scheme members, including current employee members, deferred members and pensioners in payment, are entitled to receive an annual report on the scheme; and if he will make a statement on the matter. [9639/17]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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S.I. No. 301/2006 - Occupational Pension Schemes (Disclosure Of Information) Regulations, 2006, as amended, set out regulations for the disclosure of information by occupational pension schemes.

Scheme trustees must make available a copy of the latest annual report of a scheme, free of charge, not later than 9 months after the end of the scheme year or such later date as may be approved by the Pension Authority. For current employee members, the trustees must provide the annual report at the latest 4 weeks after the 9 month period referred to has expired. Generally such members are informed by an announcement in staff circulars or on staff notice boards.

All members, prospective members, their spouses and other scheme beneficiaries such as deferred members must be provided with the annual report free of charge on request not later than 4 weeks after the request is made. Furthermore the report must be given automatically to any authorised trade union which represents the members of the pension scheme.

I hope this clarifies the matter for the Deputy.

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