Query Transfer to HSE pension

Hi All,



Our employer was recently taken over by the HSE so I have a HSE pension now.

I had a private DC pension with one of the banks since 2004 and the employer and I were paying into it.



I can leave it there in the bank or put it into a personal retirement bond. I was thinking of moving it to the HSE pension. I would be worried it wouldn't grow any further with the bank and there would be yearly charges as well. Also a colleague said once you've used it up, it is gone. Would it be more safe/secure with the HSE?

I am 52 and just work a 30 hour week so I have some more years to work.



Thanks in advance for any advice.

PS pensions are unfunded in Ireland.

There is no fund to transfer the DC pension to.

I presume you have joined the SPSPS?


This suggests that maybe you can make a transfer from another pension into the SPSPS:

Thank you for your help.