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Automatic Enrolment Retirement Savings System Act 2024 (No. 20)Acts Referred ToIntroductory TextPart 1 Preliminary and general (ss. 1-5)1. Short title and commencement2. Definitions3. Regulations4. Service of documents5. ExpensesPart 2 An tÚdarás Náisiúnta um Uathrollú Coigiltis Scoir (ss. 6-46)Chapter 1 Establishment of An tÚdarás Náisiúnta um Uathrollú Coigiltis Scoir (ss. 6-9)6. Definitions (Part 2)7. Establishment day8. An tÚdarás Náisiúnta um Uathrollú Coigiltis Scoir9. Functions of AuthorityChapter 2 Board of Authority (ss. 10-24)10. Establishment of Board11. Membership of Board12. Term of office13. Conditions of membership of Board14. Membership of either House of Oireachtas, European Parliament or local authority15. Ineligibility to become and disqualification to act as member of Board16. Removal of member of Board17. Meetings18. Audit and risk committee19. Investment committee20. Other committees21. Remuneration and expenses of members of Board and committees of Board22. Disclosure of interests by member of Board or of committee of Board23. Disclosure of interests by members of staff of Authority or other persons24. Prohibition on unauthorised disclosure of confidential informationChapter 3 Staff of Authority, engagement of consultants, advisers and service providers (ss. 25-32)25. Appointment of chief executive26. Functions of chief executive27. Delegation of functions28. Membership of either House of Oireachtas, European Parliament or local authority29. Removal of chief executive30. Staff of Authority31. Engagement of consultants and advisers32. Engagement of service providersChapter 4 Funding, reporting and accountability (ss. 33-43)33. Appearance before Public Accounts Committee34. Appearances before committees of Houses of Oireachtas35. Expenses of Authority36. Power to borrow37. Statement of strategy38. Annual plan39. Accounts and audits40. Annual report41. Request from Minister to Authority for report42. Production of statistical data43. Power to monitor, review and make recommendationsChapter 5 Supervisory report by Pensions Authority (ss. 44-46)44. Supervisory report by Pensions Authority45. Preparation and submission of supervisory report by Pensions Authority46. Annual fee payable to Pensions AuthorityPart 3 Enrolment and contributions (ss. 47-66)Chapter 1 Preliminary (ss. 47-48)47. Interpretation (Part 3)48. Death of employerChapter 2 Enrolment (ss. 49-56)49. Participants50. Automatic enrolment51. Exempt employment52. Standards for purposes of section 5153. Right to opt in54. Right to opt-out55. Automatic re-enrolment56. Power to amend age limits and earnings thresholdChapter 3 Contributions(ss. 57-65)57. Contributing participants58. Contributions59. Payment of participant contribution and employer contribution60. Payment of State contribution61. Rates of contribution62. Suspension of contributions63. Repayment of contributions on opting out64. Repayment of contributions in prescribed circumstances65. Power to amend earnings limitChapter 4 Further power to make regulations (s. 66)66. Further power to make regulationsPart 4 Investment (ss. 67-77)67. Definitions (Part 4)68. Investment management providers69. AE provider schemes and risk levels70. Assignment of contributions to appropriate risk level71. Power to provide for selection of more than one risk level72. Investment of contributions73. Transfer between AE provider schemes74. Investment rules75. Contractual provision on environmental and other matters76. Participants' accounts77. Amendment of Investment Intermediaries Act 1995Part 5 Payment out of accounts (ss. 78-99)Chapter 1 Interpretation and general (ss. 78-80)78. Interpretation (Part 5)79. Notification and verification of death80. Provision of benefits under arrangements made by AuthorityChapter 2 Payment, other than early payment, to or in respect of participant (ss. 81-84)81. Redemption date82. Redemption of units83. Payment to participant at or after pensionable age84. Payment in the event of death of participantChapter 3 Early payment on grounds of incapacity or exceptional ill-health (ss. 85-88)85. Application for early payment on grounds of incapacity or exceptional ill-health86. Redemption of units for early payment87. Making of early payment88. Procedure for applications and payments under Chapter 3Chapter 4 Unclaimed balances (ss. 89-99)89. Interpretation (Chapter 4)90. Unclaimed balances91. Notice of unclaimed balance92. Publication of notice93. Transfer of moneys to Dormant Accounts Fund94. Register of unclaimed balances95. Disclosure of information for statistical purposes96. Rights of participants97. Application for unclaimed balance98. Confidentiality99. Statement of compliancePart 6 Communications and services (ss. 100-106)100. Definitions (Part 6)101. Electronic system to be used by default102. Provision of information to public by Authority103. Provision for communications and services otherwise than online104. Powers to make provision for purposes of communications and services105. Participants' annual statements106. Amendment and application of Freedom of Information Act 2014Part 7 Information sharing and data protection (ss. 107-112)107. Definition (Part 7)108. Information sharing109. Disclosure of certain information to Minister for Enterprise, Trade and Employment, etc.110. Amendment of Social Welfare Consolidation Act 2005111. Processing of personal data and special categories of personal data112. Regulations for purposes of data protectionPart 8 Reviews and appeals (ss. 113-119)113. Definitions (Part 8)114. Determinations subject to internal review115. Appeals officer116. Appeals117. Appeal to High Court118. Effect of decision119. Amendment of Financial Services and Pensions Ombudsman Act 2017Part 9 Compliance and enforcement (ss. 120-141)Chapter 1 Interpretation (s. 120)120. Interpretation (Part 9)Chapter 2 Authorised officers and compliance (ss. 121-126)121. Authorised officers122. Powers of authorised officers123. Compliance notice124. Fixed payment notice125. Legal privilege126. Authority may publish information respecting certain personsChapter 3 Penalisation and hindering of employees (ss. 127-128)127. Protection of employees from penalisation128. Hindering employee from participating in automatic enrolmentChapter 4 Workplace relations (ss. 129-130)129. Decision under section 41 or 44 of Act of 2015130. Amendment of Act of 2015Chapter 5 Offences (ss. 131-137)131. Offences in relation to contributions132. Offences and penalties133. Summary proceedings134. Costs135. Time limit for instituting summary proceedings136. Admissibility of certain documents in proceedings for offence137. Presumptions in proceedings for offenceChapter 6 Miscellaneous (ss. 138-141)138. Interest on arrears of contributions139. Court may order employer or employee to pay arrears of contributions140. Forgery of documents141. Recovery of moneys
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Version status: Not yet in force | Document consolidation status: No known changes
Version date: 9 July 2024 - 29 September 2025
Version 1 of 2

88. Procedure for applications and payments under Chapter 3

The Authority shall specify, and publish on a website maintained by or on behalf of the Authority, the procedure for the making of applications and payments in accordance with this Chapter and regulations made under it.

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