Automatic Enrolment Retirement Savings System Act 2024 section 40

Annual report

Section 40 requires the Authority to prepare and submit an annual report on its activities to the Minister, who must lay it before the Oireachtas.

• The Authority must submit a written annual report to the Minister by 30 June each year, covering its performance during the preceding year.
• The report must include a statement of activities, a summary of complaints and reviews received (including numbers, nature, and outcomes), and a review of AE provider scheme performance over 5-year, 10-year, and other periods determined by the Board.
• If the first reporting period would cover less than 6 months, it is combined with the following year, with the report due within 6 months of that combined period's end.
• The Minister must lay the report before each House of the Oireachtas, after which the Authority must publish it on its website or in another manner specified by the Minister.