RE: REMITTANCE OF PENSION DEDUCTIONS/CONTRIBUTIONS DIRECT TO THE CONSTRUCTION INDUSTRY PENSION FUND
The Employer’s Organisations and the Trade Union, being parties to the Council have concluded their deliberations on the directive by the Insurance Pension Commission (IPEC) to allow the Pension Fund to collect on its behalf with effect from 01 October 2016. Employers are therefore requested to remit pension deductions/contributions directly to the Pension Fund.
The Construction Industry Pension is a successor to the Building Industry Pension Fund which was established on the 1 st of July 1969.