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Pension Schemes

Welcome to the Pensions section


The Human Resources Department is responsible for the administration of the Education Sector Superannuation Scheme and the New Single Pension Scheme. The Human Resources Department will endeavour to answer all queries as quickly as possible.




The length of time it takes to deal with a query will depend on the availability of verifiable records and the complexity of the calculations involved. If you have any queries please contact, Ms Helen McGrandles, Pensions Officer, Ext: 6044, Helen.McGrandles@lyit.ie

Explanatory Booklet Revision Scheme
  Explanatory Booklet 1 Non Officers Paying Full (Class A) PRSI who are not New Entrants i.e. those who joined the Public Sector before 1st April 2004 and have remained in public sector employment since their start date
  Explanatory Booklet 2 Non-Officers Paying Full (Class A) PRSI who are New Entrants i.e. those who joined the Public Sector on or after 1st April 2004
  Explanatory Booklet 3 Officers Paying Full (Class A) PRSI who are not New Entrants i.e. those who joined the Public Sector between 6th April 1995 and 31st March 2004 and have remained in public sector employment since their start date
  Explanatory Booklet 4 Officer Paying Full (Class A) PRSI who are New Entrants i.e. those who joined the Public Sector on or after 1st April 2004
  Explanatory Booklet 5 Officers Paying Modified (Class D) PRSI who are not New Entrants i.e. those who joined the Public Sector before 6th April 1995 and have remained in public sector employment since their start date

NEW ENTRANTS

Under the Public Service Superannuation (Miscellaneous Provisions) Act 2004, the standard minimum retirement age for new entrants i.e. those who join the public sector on or after 1st April 2004, has been raised from 60 to 65, and the link for new entrants between age and compulsory retirement in the Institute has been abolished.

Generally, a new entrant is a staff member who commenced employment in the public sector (or who recommenced service following a 26 weeks break in service) after 01.04.2004.

MEMBERS OF THE SINGLE PENSION SCHEME

Staff members who joined the public sector for the first time (or rejoined the public sector after a 26 week break in service) after 1st January 2013.

Reference
  Single Scheme Booklet