There was an Incentivised Retirement Scheme for non-clinical grades about 10-12 years ago. No re-employment was allowed under that. I never heard about the re-employment embargo being rescinded.There was an Early Exit/Early Retirement in the HSE about 10/15 years ago which stated if you left you could not be reemployed (by HSE) until 7/10 years after leaving. This has since been rescinded and probably not workable anyway.
Thank you, very helpful links. I didn’t know the term abatement to search under. I am currently job-sharing. Do you know when referring to “cannot exceed the salary you would have been on” refers to WTE salary or my half salary? Since pension is on WTE I’m hoping this it’s WTE.Yes, you can be re-employed in the HSE if you take CNER but you would be subject to Pension Abatement. Under this, the combined salary for the new role plus your pension payment cannot exceed the salary you would have been on had you remained in your previous role. To the extent that there is an excess the pension will be reduced.
I am not certain, but I think "salary" in this instance refers to the salary used to calculate your pension, ie, the WTE rate.I am currently job-sharing. Do you know when referring to “cannot exceed the salary you would have been on” refers to WTE salary or my half salary? Since pension is on WTE I’m hoping this it’s WTE.
Well said Early Riser - that Exit Deal was targeted particularly at clerical grades and one of the conditions was that people who availed of the scheme would apply for any Civil/Public Service job until seven years had elapsed. Everybody I know who availed of the scheme was recruited by other Civil/Public Service bodies well within that seven years. Therefore, that scheme was not policeable.There was an Incentivised Retirement Scheme for non-clinical grades about 10-12 years ago. No re-employment was allowed under that. I never heard about the re-employment embargo being rescinded.
Hi Leper, I just had a look at the 2009 Circular for the Incentivised Scheme. There is no reference that I can see to a 7 year embargo. However, anyone availing of the scheme was supposed to be embargoed indefinitely from futue employment in the same sector (eg, health). They could apply at any stage to another sector - but subject to pension abatement. How well the sectoral embargo was policed I have no idea.that Exit Deal was targeted particularly at clerical grades and one of the conditions was that people who availed of the scheme would apply for any Civil/Public Service job until seven years had elapsed. Everybody I know who availed of the scheme was recruited by other Civil/Public Service bodies well within that seven years. Therefore, that scheme was not policeable.
I’m class D with about 23 years WTE , won’t be entitled to state pension. Not clerical role. Medical Scientist.Just a further note. I don't know if you are on full rate PRSI (Class A) or the modified rate. But those on Class A have more scope to earn without being impacted by Abatement - as the Occupational Pension will be lower and any eventual entitlement to the State Pension is not taken into account for the Abatement calculation.
Even so, 23 years should give you good scope for earning without being impacted by abatement. A 50:50 job-sharing position should be fine. And, as the grade you locum in may well be lower than your current grade, you could probably earn substantially more than this, ie, up to 57/80 of the adjusted WTE salary for your current grade.I’m class D with about 23 years WTE , won’t be entitled to state pension. Not clerical role. Medical Scientist.
Thank you so much for taking the time to reply. That is a much better explanation than anything I could find. I realise I’m in a very good scheme but life is just too short to continue in a job that has become fairly soul destroying & chaotic. I was surprised I had 187 stamps (from locum work pre permanent position) and I‘m just trying to work out how to benefit from them.As you have 23 years at Class D you only need 250 Class A stamps in total for a pro-rata state pension. You can't just buy these extra Class A stamps while you are still in your current role. If you move to a job in the private sector either now or at some stage in the future you will pay Class A PRSI. If you already have 187 then you only need 73 more. For example, if you took retirement from your current scheme at age 60+ you could still do this.
Or if you leave your current job and re-join the Public Sector after an interval of at least 6 months you will be paying Class A (and joining the Single Pension scheme).
If you leave any Class A employment before 66 you could then make voluntary PRSI contributions going forward at full rate - that is, if you don't qualify for credited contributions. But you must have at least 260 paid Class As for the state pension - credits only count beyond this minimum. Currently the cost is determined by how much you were paying in the employment immediately before application.
250 Class As will only get you a minimum pro-rata State pension (260/2080 or 1/8 of the full pension rate). The more Class As you acquire the greater proportion of state pension you become eligible for. A pro-rata pension at any level is valuable - but I don't think it should be a deciding factor in relation to leaving your current very good public sector scheme.