Under the Labour Court proposals, the new minimum age of retirement under the scheme for those under age 60 at present would be 63 years. Photograph: Alan Betson

Staff working for the CIÉ group of transport companies have voted to accept proposals recommended by the Labour Court to deal with a major deficit in (...)

The 1951 scheme at CIÉ is a defined benefit arrangement and, based on 40 years’ service, the pension payment involves 50 per cent final salary and a lump sum of one and a half  years’ pay. Photograph: Alan Betson

The Pensions Authority has warned it could wind up the current pension scheme for managers and other grades in the CIÉ group of transport companies, o(...)

Minister for Social Protection Heather Humphreys has introdcued new rules to  improve governance and communications for occupational scheme members. Photogaph: Julien Behal

The Government has moved to introduce improved protection for Irish occupational pension scheme members, transposing new EU standards, called IORP II (...)

Even though your father left the business a long time ago, his pension rights are still intact in relation to any pension he built up in the years he was working with them. File photograph: iStock

When my father moved jobs many years ago, he never thought about the pension. It cropped up recently when we were talking and he is now wondering if t(...)

The GPG Redress Group has been set up to act on behalf of Irish investors affected by the German company’s collapse. Image: iStock

Some 40 financial broker firms whose clients were among over 1,800 Irish investors hit by the collapse of Hannover-based German Property Group (GPG) h(...)

Photograph: iStock

Over 20,000 investors in total committed savings into Charles Smethurst’s German Property Group. When the ponzi scheme, which  had a ‘nerve cen(...)

Minister for Social Protection Heather Humphreys, who has secured Cabinet approval for the new Pensions Commission

Private sector companies that force workers to retire onto unemployment benefit payments at 65 face examination under the new Pensions Commission. Th(...)

“What’s wrong with having a property in a pension? Small self-administered pension schemes and executive pension schemes in particular will be affected.”

Reducing something to an acronym or set of initials can often disguise its power and potentially disruptive and destructive impact. TNT is one exampl(...)

Nest eggs: While a DB pension is “guaranteed”, it isn’t bulletproof. It depends on the scheme’s ability to fund its pension obligations for all members – and the employer’s willingness to make up any shortfall.

Defined-benefit (DB) pension schemes are the gold-plated generous older brother of their defined-contribution equivalent. They offer a guaranteed inco(...)

Previous minister for education Joe McHugh conceded there were ‘legal vulnerabilities’ relating to the predicted grades shift. Photograph: Niall Carson/PA Wire

Ministers have been warned by Government officials of potential lawsuits being taken by Leaving Cert students against the State due to the introductio(...)

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