AI Summary of Introductory Text
This Act, cited as Number 25 of 1990, establishes regulatory frameworks for occupational pension schemes, pivotal for ensuring equitable treatment of both men and women within such benefit structures. It mandates the formation of An Bord Pinséan, the Pensions Board, tasked with overseeing the operation of these schemes.
The legislation delineates the functions of the Pensions Board, reinforcing compliance and supervision measures to promote fairness and transparency in occupational pension settings. Through this Act, the Oireachtas affirms its commitment to safeguarding the rights of scheme members and enhancing the integrity of retirement benefits.
Introductory Text
Number 25 of 1990
AN ACT TO REGULATE OCCUPATIONAL PENSION SCHEMES AND TO PROVIDE FOR EQUAL TREATMENT OF MEN AND WOMEN UNDER OCCUPATIONAL BENEFIT SCHEMES, FOR THOSE PURPOSES TO PROVIDE FOR THE ESTABLISHMENT OF A BODY
TO BE KNOWN AS AN BORD PINSEAN - THE PENSIONS BOARD) TO SUPERVISE SUCH SCHEMES AND THEIR OPERATION, TO DEFINE THE FUNCTIONS OF THAT BODY AND TO PROVIDE FOR CONNECTED MATTERS.
[24th July, 1990]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: