The Pensions Board's main source of income derives from fees levied on occupational pension schemes and trust retirement annuity contracts (RACs). Scheme fees arelevied on active members only.
The trustees of a scheme are responsible for the payment of the scheme fee. Trustees may delegate this role to a fee manager however they still retain ultimate responsibility for the payment of scheme fees under the Pensions Act, 1990 as amended.
Since February 2011 the Pensions Board only accept payments for occupational pension scheme and trust RAC fees through the Board's Interactive Scheme Information System (ISIS) which may be accessed at https:/data.pensionsboard.ie
Any one of the registered interested parties to a scheme may sign up at the link above and pay scheme fees. Payment is acceptable in the form of credit card, EFT or cheque. It is essential that EFT and cheque payments are supported by the reference numbers generated at the point of processing the payment through ISIS.
Further information is available by emailing The Pensions Board at email@example.com
At present PRSA fees are not processed through ISIS. Click on the link in related articles for more information in relation to PRSA fees.