Pensions – Top 5 “Should Ask” Questions for Employers

An article in the Irish Times today highlights the worrying lack of knowledge around pensions in Ireland. It got us thinking about workplace relations and how little many employees and employers know. Many employees know very little around their rights and entitlements when it comes to pensions. Many sign up [...]

By |2019-10-18T10:23:23+00:00September 23rd, 2019|latest news|Comments Off on Pensions – Top 5 “Should Ask” Questions for Employers

Transfer of Undertaking Regulations For Employees

A recent article in the Irish Times this week higlights the general unease many employees feel when there is a merger or acquisition. Many are unsure if their job is safe or that a transfer may mean for them. Many simply don't understand their rights and entitlements. We have set [...]

By |2019-10-18T10:23:24+00:00September 20th, 2019|latest news|Comments Off on Transfer of Undertaking Regulations For Employees

Pensions (Amendment) Bill 2017 – Defined Benefit Schemes must reach minimum funding standard before Employers Allowed to Close

The publication of the Pensions (Amendment) Bill 2017 is to be welcomed this week with the aim of preventing solvent companies from walking away and reneging on their pension obligations to their employees. The Pensions Act 1990 is amended by inserting the following new section after section 48A: “48AA.(1) A [...]

By |2019-10-18T10:24:33+00:00February 2nd, 2017|latest news, pensions|Comments Off on Pensions (Amendment) Bill 2017 – Defined Benefit Schemes must reach minimum funding standard before Employers Allowed to Close

Pensions – Minister announces proposed regulatory changes to Defined Benefit Schemes

The Minister for Social Protection, Joan Burton announced yesterday a number of regulatory changes to the Pensions Acts 1990 to 2010. A copy of the press release is attached here. The proposed changes announced relate to Section 44(2)(a)(iv) of the Pensions Acts and seek to provide greater flexibility for pension schemes as they [...]

By |2019-10-18T10:20:11+00:00May 30th, 2013|latest news, pensions|Comments Off on Pensions – Minister announces proposed regulatory changes to Defined Benefit Schemes

Waterford Crystal Workers win landmark pensions case before European Court of Justice

In a landmark case this week, the European Court of Justice ("ECJ") has ruled that workers in the Waterford Crystal factory are entitled to at least 49 per cent of their occupational pensions after the factory closed in 2009. A full copy of the judgement is found at this link and [...]

By |2019-10-18T10:20:11+00:00April 26th, 2013|European Court of Justice, High Court, latest news, Litigation, pensions|Comments Off on Waterford Crystal Workers win landmark pensions case before European Court of Justice

Minister brings High Court action to clarify Labour Court ruling that a teacher is an “employee” of the Minister

Interesting report in the Irish Times today on a case I came across recently from the Labour Court. The Minister for Education has brought a High Court action seeking to clarify a Labour Court finding that a teacher is an "employee" of the Minister. The case arises from a complaint [...]

By |2019-10-18T10:16:21+00:00July 31st, 2012|Employee v Self Employed, Equality, Labour Court, pensions|Comments Off on Minister brings High Court action to clarify Labour Court ruling that a teacher is an “employee” of the Minister

TUPE and pension liabilities

The question before the High Court in Procter & Gamble Company v Svenska Cellulosa Aktiebolaget Sca and another [2012] EWCH 1257 was whether liability for early retirement benefits transferred to SCA. Here Procter and Gamble ("P&G") sold it's European business to SCA in 2007, TUPE was applied and the P&G employees transferred across. P&G operared a defined [...]

By |2019-10-18T10:15:39+00:00June 16th, 2012|pensions, TUPE|Comments Off on TUPE and pension liabilities

The Irish Association of Pension Funds (IAPF) warns of serious problems with pensions age hike

The Association are concerned that almost 14,000 people born between January and December in 1949 will lose out by about EUR12,000 before they are eligible for a State pension in 2014. The IAFP executive chairman Jerry Moriarty stated that the lost pension revenue will never be recovered by the people [...]

By |2019-10-18T10:15:19+00:00June 5th, 2012|pensions, retirement age|Comments Off on The Irish Association of Pension Funds (IAPF) warns of serious problems with pensions age hike