Hi,
I had a PRSA for 5 years with contributions from both myself and my employer. I moved to a company with an occupational pension and did a transfer in of my PRSA to the occupational scheme. I left that employment before 2 years and the scheme has now clawed back the employer contributions. I was under the impression that as I transferred in, my previous contributions to the PRSA would count towards the 2 years. The pension provider says not so with a PRSA, is that the case? At no point was this outlined to me when I did the transfer.
Thanks
I had a PRSA for 5 years with contributions from both myself and my employer. I moved to a company with an occupational pension and did a transfer in of my PRSA to the occupational scheme. I left that employment before 2 years and the scheme has now clawed back the employer contributions. I was under the impression that as I transferred in, my previous contributions to the PRSA would count towards the 2 years. The pension provider says not so with a PRSA, is that the case? At no point was this outlined to me when I did the transfer.
Thanks