the post95 pension is coordinated with the Old Age Pension , your income from the State cannot exceed the Coordinated Sum .
The Coordinated Sum is what you would have received had your calculations been done on the Pre95 Basis , it has said as much in the Superannuation Handbooks , the savings that were being made back in the 1990s when this was brought in so that Fast Accrual Grades ie Gardai Prison Officers and Fire Service could not then retire at 50 and clock up enough stamps to claim a Contributory State Pension , however as we can see the fools who came up with the plan never fool proofed it and why we have so many problems with interpretation now .That is so for someone with full pensionable service - normally 40 years. But someone with shorter service might still qualify for a full State Pension from their PRSI record, eg, from work prior to or after their PS, from Class S, from voluntary contributions, from credited contributions.
I understand coordination. I was commenting in relation to "normal" PS pensions. You are referring specifically to fast accrual pensions. I am not familiar with the details but I can see the potential anomalies there.The Coordinated Sum is what you would have received had your calculations been done on the Pre95 Basis , it has said as much in the Superannuation Handbooks , the savings that were being made back in the 1990s when this was brought in so that Fast Accrual Grades ie Gardai Prison Officers and Fire Service could not then retire at 50 and clock up enough stamps to claim a Contributory State Pension , however as we can see the fools who came up with the plan never fool proofed it and why we have so many problems with interpretation now .
The old calculation method of 40 X 1/80th for your benefits made it very simple .
thinking of retiring in 2025 but i would like to know if i do will i qualify for the new rates of job seekers benefit of 450 that is going to be implemented in march i have 30 years prsi record and 15 years work record for the hse as worked parttime