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ARTICLE · 24 MAY 2017

Social Welfare And Pensions Bill 2017 – Saving Grace Or Final Straw?

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Mason Hayes & Curran LLP

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The Minister for Social Protection recently announced that the Irish Government has approved the publication of the General Scheme of the Social Welfare and Pensions Bill 2017 (the "Bill").

IrelandEmployment and HR
Stephen Gillick
Stephen Gillick
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The Minister for Social Protection recently announced that the Irish Government has approved the publication of the General Scheme of the Social Welfare and Pensions Bill 2017 (the "Bill").

The Bill contains key measures to increase the protections available for members of Defined Benefit Occupational Pension Schemes ("DB Schemes") in Ireland. The Bill also contains provisions to afford same-sex couples equal pension rights to those granted to married couples.

The main purpose of the Bill is to strengthen the position of trustees and increase the protections offered to pension scheme members. It intends to achieve these aims by shifting the balance of powers in pension schemes from the employer to the trustee.

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