i started a pension thru our company scheme at work last year thru irish life
I Started putting in 5 % last year and i think i'm up to 6% this year
The company also matches this as well by putting in 6 %
i was out sick for a while so i guess i have'nt been watching my outgoings really
But just wanted to know
My monthly paycheck shows i pay 150 a month to the pension
does that mean that the company is paying 150 as well
Or where does this governent incentive coming in ,
am i actually contrib more to the fund but due to our Tax , id be on the lower tax band its 150+20%
Any ideas
My salary is €26500 if that helps ye
Another thing , if i left work in the morning
I understand the First 2 yrs u could opt out of the pension and take your funds with u ( i guess only your own contributions not the companies ) but
what happens after the 2 yrs , if i moved to anyother job
would i get my contributions plus percentage of the companies or does that just depend on the company in question
I Started putting in 5 % last year and i think i'm up to 6% this year
The company also matches this as well by putting in 6 %
i was out sick for a while so i guess i have'nt been watching my outgoings really
But just wanted to know
My monthly paycheck shows i pay 150 a month to the pension
does that mean that the company is paying 150 as well
Or where does this governent incentive coming in ,
am i actually contrib more to the fund but due to our Tax , id be on the lower tax band its 150+20%
Any ideas
My salary is €26500 if that helps ye
Another thing , if i left work in the morning
I understand the First 2 yrs u could opt out of the pension and take your funds with u ( i guess only your own contributions not the companies ) but
what happens after the 2 yrs , if i moved to anyother job
would i get my contributions plus percentage of the companies or does that just depend on the company in question