Pension Funds

Introduction

The European Central Bank (ECB) has introduced a regulation (2018/231) on statistical reporting requirements for pension funds. The new regulation aims to provide enhanced statistics that will better support the European System of Central Banks (ESCB) in its contribution to the stability of the financial system.

Read the ECB Regulation on Statistical Reporting Requirements for Pension Funds.

To assist industry with the submission of the required statistical information, the Central Bank of Ireland will be hosting a number of workshops. The first of these workshops will be held at 10am on 23rd May at our premises in North Wall Quay, Dublin. To register for this event please email pensionworkshops@centralbank.ie listing the names, email addresses and affiliations of those who wish to attend.

Reporting Statistical Data

This regulation requires pension funds to report detailed data on assets, liabilities and membership numbers on a quarterly and annual basis. First reporting will be in December 2019.

The requirements are mandatory for all pension funds resident in Ireland.

The Statistics Division of the Central Bank of Ireland is responsible for the collection, compilation and transmission of this statistical data.

The Central Bank of Ireland must ensure that at least 75 per cent of total assets (rising to 80 per cent in 2022) in the sector are captured in detailed quarterly and annual reporting. The remainder of the pension fund population is subject to annual reporting of reduced data.

The regulation also sets out a requirement to maintain a list of pension funds for statistical purposes. As part of the data collection for pension funds the Bank will collect and transmit this information to the ECB. A subset of the collected information will be published on the ECB website.

Pension Funds Statistical Reporting Requirements Overview - Updated | pdf 978 KB Frequently Asked Questions | pdf 498 KB List of Pension Funds for Statistical Purposes | pdf 97 KB

Reporting Template information

Read more about XBRL Taxonomy information on EIOPA's website.

Download Draft Guidance for the Completion of the Reporting Templates from EIOPA's website.

Sample Reporting Templates | xls 334 KB

Reporting Population Documents

Pension Schemes Subject to Detailed Reporting Excel Version | xls 19 KB Pension Schemes Subject to Detailed Reporting PDF Version | pdf 230 KB

Additional Documents

Pension Fund Statistical Reporting Definitions | pdf 593 KB Contact: stats_pensions@centralbank.ie