My spouse is a public servant post 1995 entrant.
At a high level my understanding of his pension is that when he retires he will get 50% of his final salary. His state pension is included in this figure.
At the moment his gross is 2k per week so for example pension would be 1k in total ( no additional state pension).
I will have an entitlement to full state pension myself. If he dies before me I as a spouse will get 50% of his pension.
My question is is this 50% of 1k (500) or 50% of 1k less his state pension? (500-265)
Example from the pension authority
James is a member of a pension scheme. His pension is €30,000 per year and he is covered for a spouse's pension benefit of 50% of pension. If James dies, a pension benefit of €15,000 per year is payable to his spouse or civil partner.
At a high level my understanding of his pension is that when he retires he will get 50% of his final salary. His state pension is included in this figure.
At the moment his gross is 2k per week so for example pension would be 1k in total ( no additional state pension).
I will have an entitlement to full state pension myself. If he dies before me I as a spouse will get 50% of his pension.
My question is is this 50% of 1k (500) or 50% of 1k less his state pension? (500-265)
Example from the pension authority
James is a member of a pension scheme. His pension is €30,000 per year and he is covered for a spouse's pension benefit of 50% of pension. If James dies, a pension benefit of €15,000 per year is payable to his spouse or civil partner.