Ireland’s Pensions Authority has prosecuted an employer for failing to pay employer pension contributions within the statutory timeframe.
On Thursday 16 December, Judge Halpin at Dublin Metropolitan District Court convicted Design I.D. (Dublin) Limited, for failing to pay employer pension contributions within the statutory timeframe pursuant to section 58A(2) of the Pensions Act 1990, as amended.
The company with a registered address of Apex Business Centre, Blackthorn Drive, Sandyford Industrial Estate, Dublin 18 was fined €5,000. A director of the company, Sean O'Broin, was also convicted and fined €1,000. Costs of €2,406 were also awarded to the authority.
Design I.D. (Dublin) Limited had failed to pay the employer pension contributions as obliged under the terms of the pension scheme between January 2014 and September 2016 to the pension provider, Ark Life Assurance Company dac.
Commenting on the conviction in this case, the Pensions Regulator, Brendan Kennedy, said: “This conviction should act as a warning to all employers that the Pensions Authority treats the failure of the employer to remit pension contributions as a very serious offence. We advise any employer with outstanding pension contributions to immediately regularise their position.”
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