CWPS For Employers
The Construction Workers’ Pension Scheme (CWPS) is a specifically designed pension scheme to meet the needs and requirements of employers in the construction and related industries.
CWPS is one of the largest occupational pension schemes in Ireland and has been providing second pillar pensions to the construction industry for over 50 years and has the support of both employers and unions in the construction industry.
CWPS satisfies the conditions of the Sectoral Employment Orders (SEOs) for the construction and mechanical engineering sectors as it provides retirement benefits as well as death in service benefits and sick pay for all workers who are active in the scheme. CWPS provides these benefits within the recommended contribution structure of the SEOs.
Pensions can be seen as an essential part of an employee’s overall remuneration package. Employers who are registered in CWPS can be confident that their employees registered with CWPS, not only have a retirement plan in place but can also be looked after in the event of sickness or premature death as membership of CWPS also includes death in service and sick pay benefits.
Here is a testimonial video from an employer who understands the benefits of having his employees registered with CWPS.