Pensions (Amendment) Act, 2002

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Number 18 of 2002

PENSIONS (AMENDMENT) ACT, 2002

ARRANGEMENT OF SECTIONS

Preliminary and General

Section
1.	Short title, collective citation, construction and commencement.
2.	Definitions.

PART 2

Personal Retirement Savings Accounts

3.	Insertion of Part X in Principal Act.
4.	Amendment of Taxes Consolidation Act, 1997.

PART 3

Pensions Ombudsman

5.	Insertion of Part XI in Principal Act.

PART 4

Amendments of Existing Provisions of Principal Act

Chapter 1

Amendments to Part 1 of Principal Act

6.	Amendment of section 2(1) of Principal Act.
7.	Amendment of section 3(1) of Principal Act.
8.	Further amendment of section 3 of Principal Act.
9.	Amendment of section 4 of Principal Act.
10.	Amendment of section 5(3) of Principal Act.
11.	Amendment of section 5B of Principal Act.
12.	Provision in relation to professional guidance issued by Society of Actuaries in Ireland.

Chapter 2

Amendments to Part II of Principal Act

13.	Amendment of section 10(1) of Principal Act.
14.	Amendment of section 18 of Principal Act.

Chapter 3

Amendments to Part III of Principal Act

15.	Amendment of Part III (title thereof) of Principal Act.
16.	Amendment of section 27(1) of Principal Act.
17.	Amendment of section 28 of Principal Act.
18.	Amendment of section 29 of Principal Act.
19.	Amendment of section 30 of Principal Act.
20.	Amendment of section 32 of Principal Act.
21.	Amendment of section 33 of Principal Act.
22.	Amendment of section 34 of Principal Act.
23.	Contributory retirement benefit for persons leaving schemes after 1 June 2002.
24.	Amendment of section 36 of Principal Act.
25.	Amendment of section 37 of Principal Act.
26.	Amendment of section 39 of Principal Act.

Chapter 4

Amendments to Part IV of Principal Act

27.	Amendment of section 41 of Principal Act.
28.	Amendment of section 42 of Principal Act.
29.	Amendment of section 43 of Principal Act.
30.	Amendment of section 44 of Principal Act.
31.	Amendment of section 45 of Principal Act.
32.	Amendment of section 46(1) of Principal Act.
33.	Amendment of section 48 of Principal Act.
34.	Amendment of section 49(4) of Principal Act.

Chapter 5

Amendments to Part V of Principal Act

35.	Amendment of Part V (title thereof) of Principal Act.
36.	Amendment of section 54 of Principal Act.
37.	Amendment of section 55 of Principal Act.
38.	Amendment of section 56 of Principal Act.
39.	Indexation of pensions under certain schemes to be considered by trustees.
40.	Amendment of section 57 of Principal Act.
41.	Obligation of employer to remit contributions under scheme.

Chapter 6

Amendments to Part VI of Principal Act

42.	Amendment of section 59 of Principal Act.
43.	Certain duties of trustees with respect to windings-up and bulk transfers and invalidity of certain acts.
44.	Amendment of section 62 of Principal Act.

Chapter 7

Amendment to Part VII of Principal Act

45.	Amendment of section 80 of Principal Act.

Chapter 8

Amendments to Part VIII of Principal Act

46.	Amendment of section 82 of Principal Act.
47.	Amendment of section 83 of Principal Act.
48.	Amendment of section 84 of Principal Act.
49.	Amendment of section 85 of Principal Act.

Chapter 9

Amendments to Schedules to Principal Act

50.	Amendment of First Schedule to Principal Act.
51.	Amendment of Second Schedule (title thereof) to Principal Act.
52.	Amendment of Part A of Second Schedule to Principal Act.
53.	Amendment of Part B of Second Schedule to Principal Act.
54.	Insertion of Part C in Second Schedule to Principal Act.
55.	Amendment of Third Schedule to Principal Act.

PART 5

Amendments of Miscellaneous Other Enactments and Saving

56.	Amendment of Social Welfare (Consolidation) Act, 1993.
57.	Pension adjustment orders.
58.	Non-application of Ombudsman Act, 1980, in relation to matters cognisable under Part XI of Principal Act.
59.	Saving.

Acts Referred to
	Civil Service Commissioners Act, 1956	1956, No. 45
	Civil Service Regulation Act, 1956	1956, No. 46
	Civil Service Regulation Acts, 1956 and 1958
	Companies Act, 1963	1963, No. 33
	Companies Act, 1990	1990, No. 33
	Companies Acts, 1963 to 2001
	Courts Act, 1981	1981, No. 11
	Employment Agency Act, 1971	1971, No. 27
	European Parliament Elections Act, 1997	1997, No. 2
	Family Law Act, 1995	1995, No. 26
	Family Law (Divorce) Act, 1996	1996, No. 33
	Finance Act, 1972	1972, No. 19
	Finance Act, 2000	2000, No. 3
	Finance Act, 2001	2001, No. 7
	Insurance Act, 1989	1989, No. 3
	Investment Intermediaries Act, 1995	1995, No. 11
	Investment Limited Partnerships Act, 1994	1994, No. 24
	Local Government Act, 1941	1941, No. 23
	Local Government Act, 2001	2001, No. 37
	Ombudsman Act, 1980	1980, No. 26
	Payment of Wages Act, 1991	1991, No. 25
	Pensions Act, 1990	1990, No. 25
	Pensions (Amendment) Act, 1996	1996, No. 18
	Protection of Employees (Employers' Insolvency) Act, 1984	1984, No. 21
	Protection of Employees (Part-Time Work) Act, 2001	2001, No. 45
	Social Welfare Act, 1993	1993, No. 5
	Social Welfare Act, 2000	2000, No. 4
	Social Welfare (Consolidation) Act, 1993	1993, No. 27
	Stock Exchange Act, 1995	1995, No. 9
	Taxes Consolidation Act, 1997	1997, No. 39
	Unit Trusts Act, 1990	1990, No. 37

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Number 18 of 2002

PENSIONS (AMENDMENT) ACT, 2002

AN ACT TO AMEND AND EXTEND THE PENSIONS ACT, 1990, AND TO PROVIDE FOR RELATED MATTERS.

[13th April, 2002]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

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Pensions (Amendment) Act, 2002

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