Section on cross-border schemes added to The Pensions Board website
The Directive 2003/41, on the activities and supervision of institutions for occupational retirement provision (commonly known as the IORPs Directive), was implemented in Ireland through inclusion of statutory requirements in the Social Welfare and Pensions Act, 2005 and underlying regulations.
Article 20 of the IORPs Directive allows pension schemes to operate ‘cross-border’. This means that a pension scheme can be established in one EU Member State which provides benefits to employees working in one or more other Member States.
The Pensions Board have dedicated a section on this website to cross-border schemes. Under this section, you will find the relevant forms for authorisation and approval, guidelines and any recent news or frequently asked questions.
The new section on cross-border schemes can be viewed under ‘Related Articles’ below.