National Pensions Reserve Fund Bill 2000

Public bill · Government · Presented

Creates a National Pensions Reserve Fund to invest State money and help pay for public-service and social-welfare pensions from 2025 onwards. It requires annual contributions linked to national income, sets up an independent Commission to manage the fund, provides oversight and audits, transfers money from an existing temporary fund, and gives the new fund tax exemptions.

Formal long title

Bill entitled an Act to provide for the establishment of a fund to be known as the National Pensions Reserve Fund and a body to be known as the National Pensions Reserve Fund Commission to control and manage the fund, to dissolve the Temporary Holding Fund for Superannuation Liabilities, to amend the Taxes Consolidation Act, 1997, and to provide for connected matters

Last updated 20 November 2019