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Salary increases this year are likely to be in the region of 5-10% in certain sectors General,Ireland, news for Ireland, Ireland,

Salary increases this year are likely to be in the region of 5-10% in certain sectors General,Ireland, news for Ireland, Ireland,
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How to manage: Legal changes bring major reform to pension schemes

How to manage: Legal changes bring major reform to pension schemes Employers and pension trustees in Ireland will need to adapt to the new rules or face the risk of non-compliance 30th May, 2021 Under new pension rules, there will be an obligation to put in place a range of written policies including remuneration and outsourcing policies. Picture: Getty The Irish pensions landscape has been undergoing considerable change in recent years, but many employers may be unaware of the most significant reform in three decades. Last month, Heather Humphreys, the Minister for Social Protection, signed the European Union (Occupational Pension Schemes) Regulations 2021. These regulations give effect to the EU’s IORP II Pensions Directive and will fundamentally alter the future of defined benefit (DB) and defined contribution (DC) pension schemes.

Heather humphreysEuropean union occupational pension schemes regulationsSocial protectionEuropean unionOccupational pension schemesஹீத்தர் ஹம்ப்ரிஸ்சமூக ப்ரொடெக்ஶந்ஐரோப்பிய தொழிற்சங்கம்தொழில் ஓய்வூதியம் திட்டங்கள்