Thanks, Japester, for useful info re financial options when considering early retirement from the Civil Service. Just strictly for information purposes for benefit of readers of this thread, I'm a late entrant to the CS - in 1997, after 24 years' in private sector/1.5 yrs on dole/1.5yrs on contract, therefore I'm post-1995/Class A PRSI. Then at end of 2009, I applied for Incentivised Career Break - 3 years length. Just before resuming service in early 2013 (3yrs 3 mths out of service/no PRSI contributions - stupid of me), I suddenly took ill for the first time in my life and as a result, I was NOT eligible for Illness Benefit/Dental Benefit for which at least 2 years' PRSI contributions were required to be eligible. I'm not too happy about that, despite my impeccable record of PRSI contributions since entering the workforce at the age of 18 in 1971. So be careful not to allow the PRSI contributions to lapse or whatever. Allencat3
Hi Japester, I had been in touch with the Dept. EAO re early retirement etc, and was informed about Supp. Pension. The EAO added that he'd pass me the contact details of the Pensions Unit for queries. I was not quite too impressed that it turns out to be a website URL: www.cspensions.gov.ie (!). I had been onto that website several times over the past year or so, and it's made more complicated due to the handover of pensions admin. to PeoplePoint which is quite hopeless / useless. Anyway, I'll hassle the appropriate sections re Supp. Pension and keep you/viewers posted. Allencat3Hi allencat3, I'm very sorry to hear you were not eligible for illness benefit when you had almost finished up your incentivised career break. I can't for the life of me understand why Human Resources departments won't advise employees about these things before they take such leave! You'd wonder whose side are they on? It's great that you have come on here to let others know about this danger.
Are you going to be retiring soon? If so, I'm just wondering if you have you sounded out about the Supplementary Pension from your Human Resources Dept? In your case, having been in the Civil Service for 18 years and, being a post-1995 recruit, I believe you would probably be one of the earliest cases where a Supplementary Pension would come into question, that is of course if you are below state pension age when you choose to retire. If you are retiring soon, it would really be great if you could let us know how you get on in relation to Supplementary Pension in due course. As I stated in an earlier post, it is your absolute entitlement to receive it, and no doubt it would put many minds to rest to hear that you have been paid it, again assuming that you are retiring before state pension age.
Hi Japester, I had been in touch with the Dept. EAO re early retirement etc, and was informed about Supp. Pension. The EAO added that he'd pass me the contact details of the Pensions Unit for queries. I was not quite too impressed that it turns out to be a website URL: www.cspensions.gov.ie (!). I had been onto that website several times over the past year or so, and it's made more complicated due to the handover of pensions admin. to PeoplePoint which is quite hopeless / useless. Anyway, I'll hassle the appropriate sections re Supp. Pension and keep you/viewers posted. Allencat3
So if a post 1995 Class A PRSI payer with a retirement age of 60 and a salary of €80k retires at 60 with 40 years service, does he/she get €40k of pension straight away?
I know that the State pension is integrated with his/her pension, but that doesn't kick in until 68.
Nah..http://www.citizensinformation.ie/e...le_and_working/retirement_age_in_ireland.htmlI thought that pre-2004 entrants retired at 60?
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