Pensions Data

Tuesday, 5 March 2019

Questions (566)

Michael McGrath

Question:

566. Deputy Michael McGrath asked the Minister for Employment Affairs and Social Protection the estimated value of unclaimed private pension funds in existence; and if she will make a statement on the matter. [10795/19]

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Written answers

Minister for Employment Affairs and Social Protection

My Department does not collect data on the value of unclaimed private pension funds nor does it have any way of estimating the value of such funds.

Neither the Department nor the Pensions Authority have powers under legislation to require the disclosure of such information from pension providers.

I hope that this clarifies matters for the Deputy.