My current company have a pension plan whereby you have to be with them for a minimum of two years in order to take the employers contribution with you when you leave.
I am in the company 12 months. I will transfer a PRSA into my current company pension (I opened the PRSA while working a contract job a few years ago). My question is what length of time will I bring with me when I transfer the PRSA. One person has said it will be based on the amount I am transferring. Another has said that it is simply the amount of time I was contributing to the PRSA.
The problem is I put in a lump sum into the PRSA in Dec when I opened it and then contributed regular amounts for 6 months after that. It's unclear to me how much time this amounts to.
I am in the company 12 months. I will transfer a PRSA into my current company pension (I opened the PRSA while working a contract job a few years ago). My question is what length of time will I bring with me when I transfer the PRSA. One person has said it will be based on the amount I am transferring. Another has said that it is simply the amount of time I was contributing to the PRSA.
The problem is I put in a lump sum into the PRSA in Dec when I opened it and then contributed regular amounts for 6 months after that. It's unclear to me how much time this amounts to.