Posting this on behalf of a neighbour and would be grateful for an insight as I wasn't 100% sure:
They are a pre-1995 Civil Servant (i.e. reduced PRSI and therefore no entitlement to State Pension). They have no breaks in service and should comfortably reach 40 years service to get a full CS pension. In this case, I assume (and indeed said to them) that there is no point in having to take out an AVC? However I am now doubting myself and don't want to give them poor advice/information.
I also assume that they could take out a private pension if they wanted something more for retirement?
They are a pre-1995 Civil Servant (i.e. reduced PRSI and therefore no entitlement to State Pension). They have no breaks in service and should comfortably reach 40 years service to get a full CS pension. In this case, I assume (and indeed said to them) that there is no point in having to take out an AVC? However I am now doubting myself and don't want to give them poor advice/information.
I also assume that they could take out a private pension if they wanted something more for retirement?