Pension Schemes

Whoever you’re pension is with

What Gilgamboa said. Mine is with a crowd called Willis Tower Watson. You fill out a HR deduction form and its all done via payroll at source. You do nothing then. Just a tick the box exercise. If you dont have an employer contributed pension scheme and are your own boss Zurich and Irish Life are decent to deal with apparently.

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I’ve a Public Service Pension. No AVCs, yet. But will start them I think

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A friend of mine in the public service set up a private pension for AVCs not sure if its an option for ye guys

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I’m clueless about this stuff tbh

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Not just private sector it seems

The Department of Justice did not respond to queries on whether the competition will be reopened due to a lack of interest.

At issue for senior gardaí is the Standard Funds Threshold (SFT), which allows high earners to accumulate up to €2 million in a pension before being subject to an effective tax rate of about 72 per cent.

The cut-off point means senior officers may be hit with a tax bill of several hundred thousand euro on retirement, and more if they reach the commissioner or deputy commissioner level

same threshold for the civil service

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I was wondering why you hadn’t gone for PO😜

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A tax on the pension income or the accumulated gain on the fund?