Company pensions

A pension helps you save for retirement. It provides income when you stop working.

A company pension is a retirement savings plan offered by your employer. It is often included as part of an employee benefits package. The employee contributes part of their salary, and the employer also makes contributions.

Company pensions are also known as workplace or occupational pensions.

EMPOWER Master Trust company pension solution

Irish Life is Ireland’s leading pension provider, with the largest master trust in the country.

What is a master trust?

A master trust is a large defined contribution pension scheme that allows pension plans from many non-associated companies participate in a single pension arrangement or trust. 

EMPOWER Master Trust from Irish Life

Our EMPOWER Master Trust is an award-winning company pension solution. It offers smart investment options, easy online access and helps you build a strong financial future. 

Learn about our EMPOWER Master Trust

Learn how your pension savings are managed, the investment approach behind EMPOWER, and what it means for your long-term financial future.

Learn more

Fund information

Fund prices and performance

View daily fund prices and track performance over time, with easy access to charts and historical data to help you understand how your pension is progressing.

Benefits of joining a company pension plan

Tax relief

Depending on your age, you can contribute between 15% and 40% of your salary (up to a maximum of €115,000) to your pension and receive tax relief on those contributions.

Employer contributions

Most company pension plans include employer contributions, boosting your retirement fund.

Automatic saving

Contributions are taken directly from your payroll, making it easy to save.

Supplements State pension

A company pension helps fund a comfortable retirement.

Financial education

You can get support and guidance from pension experts and financial advisors.

Expert fund management

Investment experts manage your funds, or you choose your own funds.

Free consultation

Want to talk to an expert about your company pension?

If you want more information about your company pension or the Irish Life EMPOWER Master Trust, please get in touch. Contact our Pension Education Team via email.

Your Irish Life Company Pension:

Adds real value to your total pay and your employee benefits package

Helps you save for retirement and plan your income after you stop working

Our Pension Education Team provide useful advice and financial education support

Irish Life's EMPOWER Master Trust offers smart investment options and easy online access

Company pension guides

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