This document outlines the purpose and workings of the Insolvency Payments Scheme.
Insolvency Payments Scheme
The Insolvency Payments Scheme implements the provisions of EU Directives 80/987and 2002/74/EC on the approximation of the laws of the Member States relating to the protection of employees in the event of the insolvency of their employer. The legislative basis for the Scheme is the Protection of Employees (Employers' Insolvency) Acts, 1984 - 2004 and associated regulations.
Purpose of Scheme
The Scheme provides for the payment of certain outstanding entitlements relating to the pay of an employee where employment has been terminated because of an employer's insolvency.
For further details, please visit the Department of Social Protection website, by clicking on the link in the 'Associated Links' section of this page.