A colleague is considering early retirement at 58, normal retirement age 65. At 58 they will have 40 years service and be entitled to 40/60ths at normal retirement age but a reduced amount if they opt to have it paid at 58.
However, there are 2 salary scales in operation, Schedule A for those employed before a certain date, they pay Class D1 PRSI, and Schedule B for those employed after a certain date, they pay Class A PRSI. My colleague is on Schedule A, Class D1 PRSI.
The simple question is, what PRSI class will their pension payments be subject to?
However, there are 2 salary scales in operation, Schedule A for those employed before a certain date, they pay Class D1 PRSI, and Schedule B for those employed after a certain date, they pay Class A PRSI. My colleague is on Schedule A, Class D1 PRSI.
The simple question is, what PRSI class will their pension payments be subject to?