world201812
Registered User
- Messages
- 71
I received a Statement of Options on my former employer scheme, which is managed by Irish Life.
I have calculated that I wish to transfer 20k approx of this 50k pot to the Public Service scheme in order to purchase service.
My dilemma now is, according to the Statement of Options, I can defer until I am retired or avail of transfer option.
But, the two options are 1). Move to an Approved Pension Plan or 2) to a Personal Retirement Bond (Buy-Out Bond).
How do I go about splitting the 50k pot from Irish Life into even sub-pensions, one of which is the exact value of which I wish to transfer into the public service scheme?
If that makes sense. I will need to do all these steps in time for October 1, transfer in date. Thank you.
I have calculated that I wish to transfer 20k approx of this 50k pot to the Public Service scheme in order to purchase service.
My dilemma now is, according to the Statement of Options, I can defer until I am retired or avail of transfer option.
But, the two options are 1). Move to an Approved Pension Plan or 2) to a Personal Retirement Bond (Buy-Out Bond).
How do I go about splitting the 50k pot from Irish Life into even sub-pensions, one of which is the exact value of which I wish to transfer into the public service scheme?
If that makes sense. I will need to do all these steps in time for October 1, transfer in date. Thank you.