pension for job sharing

Perhap someone can advise on this

My wife currently job shares,and as combined income we are on top rate of tax ie 42%.

She works for semi state company and is in their pension scheme.

My question is as she only works half weeks,her pension would be very small. Is she entitled to make 'AVC's and is this an effective way of saving. All help sought.

Could not find any other issues like this in pension search

Yes she can make AVCs.

Whether or not the deal in relation to AVCs available through her empoyer is a good deal is another matter - she should ask her HR Manager/Financial Controller for information in relation to this.

It is a tax-efficient way of saving.

Is the company a commercial semi state like (ESB, Bord Gas etc) or is it a semi state agency like Fas?

I know that some of commercial semi states allow "atypical" employees to continue to contribute to the superannualtion scheme based on the full time equivalent salary. She should contact the HR department to acertain whether this is the practice in her company. The trade unions are also worth contacting.

Does the company offer an AVC as part of the Superannuation Scheme or perhaps it offers an AVC PRSA? Either way you need to familiarise yourself with the charges associated with AVC.

How much service will your wife have clocked up when she reaches normal retirement age?

Does the superannuation allow for "purchase of service"? It might be worth investigating whether this was availiale and how much each additional years service might cost.