Non-Contributary Pension with Job ... anything else

A Chairde,


I have a non-contributary pension with my job, this is 17.5% of my wages, I believe I can put up to 25% of my wages into pension related products, is this true , and if so ,how would I go about this.

I do not want to increase my present scheme (AVCs), I want to do something external to this.

What do you mean by "non contributory" in this context? That your employer does not contribute? I'm only familiar with the term in the context of state pensions. You may be able to use a PRSA for additional contributions but I'm not sure if this is only and option when your employer scheme does not offer an AVC option. summarises the age related pension contribution tax relief limits - if you are in the 40-50 years old bracket then the applicable limit is 25% of net relevant earnings. Don't forget that if you make any contributions off payroll then you claim the tax and PRSI/health levy relief back directly from Revenue.

Apologies for lack of information.


Non-Contributory means my company covers all payments, nothing is taken from my wages , they do offer AVCs , but am slightly dodgy about investing due to lack of clarity in these schemes.