Approved Retirement Fund (ARF)

An ARF works by allowing you to invest all or part of your pension fund after you retire. Rather than converting your pension fund into a set monthly payment known as an annuity, an ARF allows you the flexibility to retain more control over your funds.

You can decide on the type of fund you would like to invest in and the amount of risk you’re comfortable with. With an ARF you can withdraw from your fund on a regular or ad hoc basis (subject to income tax, USC and PRSI). As your pension fund is still invested, its value may go down as well as up.