You can't just take the full amount as such if you are trying to access its cash value. You need to set aside most of it into ARF and AMRF funds, unless that has changed?
Thanks StevenMake sure you have salary records from the period of employment. The provider will have to do funding checks to ensure your pension isn't overfunded. They will need proof of earnings. I advise clients to submit their P60/ Income summary now so the provider has it on file. I've lost count of the amount of times maturing a pension has been delayed with people having to request proof of earnings from the revenue.
Thankfully, I was wise(?!) enough to have all my P21's done back as far as 2005 so I have them archived on Revenue website. I will save a copy for my own records as well. Thanks again for the advice.Make sure you have salary records from the period of employment. The provider will have to do funding checks to ensure your pension isn't overfunded. They will need proof of earnings. I advise clients to submit their P60/ Income summary now so the provider has it on file. I've lost count of the amount of times maturing a pension has been delayed with people having to request proof of earnings from the revenue.
Hi Liam, yes it was a DC scheme. I know the feeling of needing to get out more!I was thinking about this last night. (I really need to get out more...) I'm assuming that the scheme is a straightforward Defined Contribution scheme, as distinct from a Defined Benefit one? My answer might be different if it's a DB scheme.
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