world201812
Registered User
- Messages
- 71
Writing this on behalf of public sector spouse who is full time employed. Conscious of the fact that the government may phase out the 40% tax rate on pension contributions as mooted in the media.
Is there any point in spouse making additional payments of up to 40% of income (she is over 40 years of age), in AVC format?
Or is there simply no need as they are public servant?
They will be short of full 40 years needed based on when they joined the HSE, circa 2009. She is not in any trade union.
Who/where can she do this? What are costs involved? Any links online? Or calculators?
I understand an AVC for public servants is based on the market, and not like the main pension, guaranteed, is this right?
Is there any point in spouse making additional payments of up to 40% of income (she is over 40 years of age), in AVC format?
Or is there simply no need as they are public servant?
They will be short of full 40 years needed based on when they joined the HSE, circa 2009. She is not in any trade union.
Who/where can she do this? What are costs involved? Any links online? Or calculators?
I understand an AVC for public servants is based on the market, and not like the main pension, guaranteed, is this right?