Thanks for the response on this.Your final lump sum is 120k.
You would probably get some extra tax free lump sum from your AVCs based on any non pensionable earnings. Overtime or allowances. After that you can withdraw all your AVCs at your marginal tax rate, or set up an ARF or Annuity.
If you are pre95 and need extra full rate prsi contributions to qualify for a partial contributory pension, an ARF could provide these up to age 70.
A year worked part time would still count as a years service for revenue allowable tax free lump sum.
So I am incorrect in what I previously stated, if the poster is not a permanent part time employee.
Can I use my AVC to bring my lump sum up to 1.5 times full time salary?
A year worked part time would still count as a years service for revenue allowable tax free lump sum.
My wife had a part time hse employment (4 hours per week). She had roughly 18 years of this employment. The full 18 years were counted and the revenue allowed number of 1/80ths were allowed.
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