LegalizeS.I. No. 435/2009 - Secondary, Community and Comprehensive School Teachers Pension Scheme 2009
This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.
4 amending acts · 2017-07-26, Financial Services and Pensions Ombudsman Act 2017
| Age next birthday (1) | Contribution for persons who are fully insured (2) | Contribution for persons who are not fully insured (3) |
| 26 | 27.5% | 33.6% |
| 27 | 28.0% | 34.3% |
| 28 | 28.4% | 34.8% |
| 29 | 28.8% | 35.4% |
| 30 | 29.2% | 35.9% |
| 31 | 29.5% | 36.3% |
| 32 | 29.8% | 36.7% |
| 33 | 30.0% | 37.0% |
| 34 | 30.1% | 37.3% |
| 35 | 30.2% | 37.6% |
| 36 | 30.3% | 37.8% |
| 37 | 30.2% | 37.9% |
| 38 | 30.2% | 38.0% |
| 39 | 30.0% | 38.0% |
| 40 | 29.8% | 38.0% |
| 41 | 29.6% | 37.9% |
| 42 | 29.3% | 37.7% |
| 43 | 28.9% | 37.6% |
| 44 | 28.5% | 37.3% |
| 45 | 28.0% | 37.0% |
| 46 | 27.5% | 36.7% |
| 47 | 26.9% | 36.3% |
| 48 | 26.3% | 35.9% |
| 49 | 25.6% | 35.4% |
| 50 | 24.9% | 34.9% |
| 51 | 24.1% | 34.3% |
| 52 | 23.3% | 33.7% |
| 53 | 22.5% | 33.1% |
| 54 | 21.9% | 32.5% |
| 55 | 22.2% | 31.8% |
| 56 | 22.4% | 31.1% |
| 57 | 22.6% | 30.4% |
| 58 | 22.8% | 29.7% |
| 59 | 23.1% | 29.1% |
| 60 | 23.3% | 28.5% |
| 61 | 23.3% | 27.9% |
| 62 | 22.9% | 27.3% |
| 63 | 23.0% | 26.8% |
| 64 | 23.4% | 26.3% |
| 65 | 23.7% | 25.8% |
Table 12
Lump sum contribution rates (applicable from 10 May 2005) in relation to purchase of notional service, by reference to age 65, by persons who are neither members of Chapter 2 nor 3 of Part 3
| Age next birthday (1) | Contribution for persons who are fully insured (2) | Contribution for persons who are not fully insured (3) |
| 26 | 24.3% | 30.0% |
| 27 | 24.8% | 30.6% |
| 28 | 25.2% | 31.1% |
| 29 | 25.5% | 31.6% |
| 30 | 25.9% | 32.0% |
| 31 | 26.1% | 32.5% |
| 32 | 26.4% | 32.8% |
| 33 | 26.6% | 33.1% |
| 34 | 26.7% | 33.4% |
| 35 | 26.8% | 33.6% |
| 36 | 26.8% | 33.8% |
| 37 | 26.8% | 33.9% |
| 38 | 26.8% | 34.0% |
| 39 | 26.6% | 34.1% |
| 40 | 26.5% | 34.0% |
| 41 | 26.3% | 34.0% |
| 42 | 26.0% | 33.9% |
| 43 | 25.7% | 33.7% |
| 44 | 25.3% | 33.5% |
| 45 | 24.9% | 33.3% |
| 46 | 24.4% | 33.0% |
| 47 | 23.9% | 32.6% |
| 48 | 23.3% | 32.3% |
| 49 | 22.7% | 31.9% |
| 50 | 22.1% | 31.4% |
| 51 | 21.4% | 30.9% |
| 52 | 20.7% | 30.4% |
| 53 | 20.0% | 29.9% |
| 54 | 19.7% | 29.3% |
| 55 | 19.9% | 28.7% |
| 56 | 20.1% | 28.1% |
| 57 | 20.3% | 27.6% |
| 58 | 20.6% | 27.0% |
| 59 | 20.8% | 26.5% |
| 60 | 21.1% | 25.9% |
| 61 | 21.1% | 25.4% |
| 62 | 20.8% | 25.0% |
| 63 | 21.0% | 24.5% |
| 64 | 21.4% | 24.1% |
| 65 | 21.7% | 23.7% |
Table 13
Lump sum contribution rates (applicable from 10 May 2005) in relation to purchase of notional service, by reference to age 60, by persons who are members of Chapter 2 or 3 of Part 3
| Age next birthday (1) | Contribution for persons who are fully insured (2) | Contribution for persons who are not fully insured (3) |
| 21 | 31.5% | 38.8% |
| 22 | 32.1% | 39.5% |
| 23 | 32.6% | 40.2% |
| 24 | 33.1% | 40.8% |
| 25 | 33.5% | 41.4% |
| 26 | 33.8% | 41.9% |
| 27 | 34.1% | 42.4% |
| 28 | 34.4% | 42.8% |
| 29 | 34.5% | 43.1% |
| 30 | 34.7% | 43.4% |
| 31 | 34.7% | 43.6% |
| 32 | 34.7% | 43.8% |
| 33 | 34.6% | 43.9% |
| 34 | 34.4% | 43.9% |
| 35 | 34.2% | 43.8% |
| 36 | 33.9% | 43.7% |
| 37 | 33.5% | 43.6% |
| 38 | 33.1% | 43.4% |
| 39 | 32.6% | 43.1% |
| 40 | 32.1% | 42.7% |
| 41 | 31.4% | 42.3% |
| 42 | 30.8% | 41.9% |
| 43 | 30.0% | 41.4% |
| 44 | 29.2% | 40.8% |
| 45 | 28.4% | 40.2% |
| 46 | 27.5% | 39.5% |
| 47 | 26.6% | 38.8% |
| 48 | 25.6% | 38.1% |
| 49 | 25.1% | 37.3% |
| 50 | 25.3% | 36.5% |
| 51 | 25.6% | 35.7% |
| 52 | 25.8% | 34.9% |
| 53 | 26.0% | 34.1% |
| 54 | 26.3% | 33.3% |
| 55 | 26.6% | 32.6% |
| 56 | 26.5% | 31.9% |
| 57 | 26.0% | 31.2% |
| 58 | 25.6% | 30.5% |
| 59 | 26.2% | 29.9% |
| 60 | 26.8% | 29.2% |
Table 14
Lump sum contribution rates (applicable from 10 May 2005) in relation to purchase of notional service, by reference to age 60, by persons who are neither members of Chapter 2 nor 3 of Part 3
| Age next birthday (1) | Contribution for persons who are fully insured (2) | Contribution for persons who are not fully insured (3) |
| 21 | 28.5% | 35.4% |
| 22 | 29.0% | 36.0% |
| 23 | 29.5% | 36.7% |
| 24 | 29.9% | 37.3% |
| 25 | 30.3% | 37.8% |
| 26 | 30.7% | 38.3% |
| 27 | 30.9% | 38.7% |
| 28 | 31.1% | 39.1% |
| 29 | 31.3% | 39.4% |
| 30 | 31.4% | 39.7% |
| 31 | 31.4% | 39.9% |
| 32 | 31.4% | 40.0% |
| 33 | 31.3% | 40.1% |
| 34 | 31.2% | 40.1% |
| 35 | 31.0% | 40.1% |
| 36 | 30.7% | 40.0% |
| 37 | 30.4% | 39.9% |
| 38 | 30.0% | 39.7% |
| 39 | 29.5% | 39.4% |
| 40 | 29.0% | 39.1% |
| 41 | 28.5% | 38.8% |
| 42 | 27.9% | 38.4% |
| 43 | 27.2% | 37.9% |
| 44 | 26.5% | 37.4% |
| 45 | 25.7% | 36.9% |
| 46 | 24.9% | 36.3% |
| 47 | 24.0% | 35.7% |
| 48 | 23.1% | 35.0% |
| 49 | 22.9% | 34.3% |
| 50 | 23.1% | 33.6% |
| 51 | 23.4% | 32.8% |
| 52 | 23.6% | 32.1% |
| 53 | 23.8% | 31.4% |
| 54 | 24.1% | 30.7% |
| 55 | 24.4% | 30.1% |
| 56 | 24.3% | 29.4% |
| 57 | 23.9% | 28.8% |
| 58 | 23.6% | 28.2% |
| 59 | 24.2% | 27.7% |
| 60 | 24.8% | 27.1% |
Table 15
Periodic contribution rates (applicable from 10 November 2006) in relation to purchase of notional service, by reference to age 65, by persons who are members of Chapter 2 or 3 of Part 3
| Age next birthday (1) | Contribution as respects net remuneration for persons who are fully insured (2) | Contribution as respects remuneration for persons who are fully insured (3) | Contribution as respects remuneration for persons who are not fully insured (4) |
| 26 | 0.68% | 0.09% | 0.65% |
| 27 | 0.70% | 0.09% | 0.67% |
| 28 | 0.73% | 0.10% | 0.70% |
| 29 | 0.75% | 0.10% | 0.72% |
| 30 | 0.77% | 0.10% | 0.74% |
| 31 | 0.80% | 0.11% | 0.76% |
| 32 | 0.82% | 0.11% | 0.79% |
| 33 | 0.84% | 0.11% | 0.81% |
| 34 | 0.87% | 0.12% | 0.83% |
| 35 | 0.89% | 0.12% | 0.86% |
| 36 | 0.91% | 0.12% | 0.88% |
| 37 | 0.93% | 0.13% | 0.91% |
| 38 | 0.96% | 0.13% | 0.93% |
| 39 | 0.98% | 0.14% | 0.96% |
| 40 | 1.00% | 0.14% | 0.99% |
| 41 | 1.03% | 0.14% | 1.02% |
| 42 | 1.05% | 0.15% | 1.05% |
| 43 | 1.07% | 0.15% | 1.09% |
| 44 | 1.10% | 0.16% | 1.13% |
| 45 | 1.13% | 0.17% | 1.17% |
| 46 | 1.16% | 0.17% | 1.22% |
| 47 | 1.23% | 0.18% | 1.30% |
| 48 | 1.30% | 0.20% | 1.38% |
| 49 | 1.39% | 0.21% | 1.48% |
| 50 | 1.49% | 0.22% | 1.58% |
| 51 | 1.60% | 0.24% | 1.71% |
| 52 | 1.72% | 0.26% | 1.85% |
| 53 | 1.87% | 0.29% | 2.01% |
| 54 | 2.05% | 0.31% | 2.21% |
| 55 | 2.26% | 0.35% | 2.44% |
| 56 | 2.52% | 0.39% | 2.73% |
| 57 | 2.84% | 0.44% | 3.09% |
| 58 | 3.25% | 0.51% | 3.55% |
| 59 | 3.80% | 0.60% | 4.17% |
| 60 | 4.57% | 0.72% | 5.03% |
| 61 | 5.72% | 0.91% | 6.32% |
| 62 | 7.64% | 1.22% | 8.48% |
| 63 | 11.48% | 1.85% | 12.80% |
Table 16
Periodic contribution rates (applicable from 10 November 2006) in relation to purchase of notional service, by reference to age 65, by persons who are neither members of Chapter 2 nor 3 of Part 3
| Age next birthday (1) | Contribution as respects net remuneration for persons who are fully insured (2) | Contribution as respects remuneration for persons who are fully insured (3) | Contribution as respects remuneration for persons who are not fully insured (4) |
| 26 | 0.58% | 0.09% | 0.58% |
| 27 | 0.60% | 0.09% | 0.60% |
| 28 | 0.62% | 0.10% | 0.62% |
| 29 | 0.64% | 0.10% | 0.64% |
| 30 | 0.66% | 0.10% | 0.66% |
| 31 | 0.69% | 0.11% | 0.68% |
| 32 | 0.70% | 0.11% | 0.70% |
| 33 | 0.72% | 0.11% | 0.72% |
| 34 | 0.74% | 0.12% | 0.74% |
| 35 | 0.76% | 0.12% | 0.76% |
| 36 | 0.78% | 0.12% | 0.79% |
| 37 | 0.79% | 0.13% | 0.81% |
| 38 | 0.81% | 0.13% | 0.83% |
| 39 | 0.84% | 0.14% | 0.86% |
| 40 | 0.85% | 0.14% | 0.88% |
| 41 | 0.87% | 0.14% | 0.91% |
| 42 | 0.89% | 0.15% | 0.94% |
| 43 | 0.91% | 0.15% | 0.97% |
| 44 | 0.93% | 0.16% | 1.01% |
| 45 | 0.96% | 0.17% | 1.05% |
| 46 | 0.98% | 0.17% | 1.09% |
| 47 | 1.04% | 0.18% | 1.16% |
| 48 | 1.10% | 0.20% | 1.23% |
| 49 | 1.18% | 0.21% | 1.32% |
| 50 | 1.26% | 0.22% | 1.42% |
| 51 | 1.35% | 0.24% | 1.53% |
| 52 | 1.46% | 0.26% | 1.66% |
| 53 | 1.59% | 0.29% | 1.81% |
| 54 | 1.74% | 0.31% | 1.99% |
| 55 | 1.93% | 0.35% | 2.20% |
| 56 | 2.15% | 0.39% | 2.46% |
| 57 | 2.43% | 0.44% | 2.79% |
| 58 | 2.79% | 0.51% | 3.21% |
| 59 | 3.26% | 0.60% | 3.78% |
| 60 | 3.93% | 0.72% | 4.57% |
| 61 | 4.94% | 0.91% | 5.76% |
| 62 | 6.62% | 1.22% | 7.74% |
| 63 | 9.97% | 1.85% | 11.71% |
Table 17
Periodic contribution rates (applicable from 10 November 2006) in relation to purchase of notional service, by reference to age 60, by persons who are members of Chapter 2 or 3 of Part 3
| Age next birthday (1) | Contribution as respects net remuneration for persons who are fully insured (2) | Contribution as respects remuneration for persons who are fully insured (3) | Contribution as respects remuneration for persons who are not fully insured (4) |
| 21 | 0.78% | 0.09% | 0.74% |
| 22 | 0.81% | 0.10% | 0.77% |
| 23 | 0.84% | 0.10% | 0.79% |
| 24 | 0.87% | 0.11% | 0.82% |
| 25 | 0.90% | 0.11% | 0.85% |
| 26 | 0.93% | 0.11% | 0.88% |
| 27 | 0.95% | 0.11% | 0.90% |
| 28 | 0.98% | 0.12% | 0.93% |
| 29 | 1.01% | 0.12% | 0.96% |
| 30 | 1.03% | 0.12% | 0.98% |
| 31 | 1.06% | 0.13% | 1.01% |
| 32 | 1.09% | 0.13% | 1.04% |
| 33 | 1.11% | 0.14% | 1.07% |
| 34 | 1.13% | 0.14% | 1.10% |
| 35 | 1.16% | 0.14% | 1.13% |
| 36 | 1.19% | 0.15% | 1.17% |
| 37 | 1.22% | 0.15% | 1.21% |
| 38 | 1.24% | 0.16% | 1.24% |
| 39 | 1.27% | 0.17% | 1.29% |
| 40 | 1.30% | 0.17% | 1.34% |
| 41 | 1.33% | 0.18% | 1.39% |
| 42 | 1.41% | 0.19% | 1.48% |
| 43 | 1.50% | 0.20% | 1.57% |
| 44 | 1.60% | 0.21% | 1.68% |
| 45 | 1.71% | 0.23% | 1.80% |
| 46 | 1.84% | 0.25% | 1.94% |
| 47 | 1.98% | 0.27% | 2.10% |
| 48 | 2.16% | 0.29% | 2.29% |
| 49 | 2.36% | 0.32% | 2.51% |
| 50 | 2.60% | 0.35% | 2.78% |
| 51 | 2.90% | 0.39% | 3.11% |
| 52 | 3.27% | 0.45% | 3.51% |
| 53 | 3.74% | 0.51% | 4.04% |
| 54 | 4.37% | 0.60% | 4.74% |
| 55 | 5.26% | 0.73% | 5.71% |
| 56 | 6.59% | 0.92% | 7.18% |
| 57 | 8.80% | 1.23% | 9.63% |
| 58 | 13.22% | 1.86% | 14.52% |
Table 18
Periodic contribution rates (applicable from 10 November 2006) in relation to purchase of notional service, by reference to age 60, by persons who are neither members of Chapter 2 nor 3 of Part 3
| Age next birthday (1) | Contribution as respects net remuneration for persons who are fully insured (2) | Contribution as respects remuneration for persons who are fully insured (3) | Contribution as respects remuneration for persons who are not fully insured (4) |
| 21 | 0.69% | 0.09% | 0.68% |
| 22 | 0.72% | 0.10% | 0.70% |
| 23 | 0.74% | 0.10% | 0.72% |
| 24 | 0.77% | 0.11% | 0.75% |
| 25 | 0.79% | 0.11% | 0.77% |
| 26 | 0.82% | 0.11% | 0.80% |
| 27 | 0.84% | 0.11% | 0.82% |
| 28 | 0.86% | 0.12% | 0.84% |
| 29 | 0.89% | 0.12% | 0.87% |
| 30 | 0.91% | 0.12% | 0.89% |
| 31 | 0.93% | 0.13% | 0.92% |
| 32 | 0.95% | 0.13% | 0.95% |
| 33 | 0.97% | 0.14% | 0.97% |
| 34 | 1.00% | 0.14% | 1.00% |
| 35 | 1.02% | 0.14% | 1.03% |
| 36 | 1.04% | 0.15% | 1.06% |
| 37 | 1.06% | 0.15% | 1.10% |
| 38 | 1.09% | 0.16% | 1.13% |
| 39 | 1.11% | 0.17% | 1.18% |
| 40 | 1.14% | 0.17% | 1.22% |
| 41 | 1.17% | 0.18% | 1.27% |
| 42 | 1.24% | 0.19% | 1.35% |
| 43 | 1.31% | 0.20% | 1.44% |
| 44 | 1.40% | 0.21% | 1.54% |
| 45 | 1.50% | 0.23% | 1.65% |
| 46 | 1.61% | 0.25% | 1.78% |
| 47 | 1.74% | 0.27% | 1.93% |
| 48 | 1.89% | 0.29% | 2.10% |
| 49 | 2.07% | 0.32% | 2.30% |
| 50 | 2.28% | 0.35% | 2.55% |
| 51 | 2.55% | 0.39% | 2.85% |
| 52 | 2.87% | 0.45% | 3.23% |
| 53 | 3.29% | 0.51% | 3.71% |
| 54 | 3.86% | 0.60% | 4.36% |
| 55 | 4.64% | 0.73% | 5.27% |
| 56 | 5.82% | 0.92% | 6.63% |
| 57 | 7.79% | 1.23% | 8.90% |
| 58 | 11.72% | 1.86% | 13.44% |
Schedule 2 Limits on amount of service which may be purchased
For the purposes of this Schedule—
“relevant pensionable service” includes periods of leave without pay purchased in accordance with Article 52, but excludes other types of notional service purchased under Chapter 2 of Part 4;
“retained benefits” means benefits from another public sector pension scheme and includes pensions, commutation payments, lump sums, gratuities and refunds of superannuation contributions.
The maximum amount of service which may be purchased depends on the teacher’s or chaplain’s prospective pensionable service at the relevant age and any retained benefits received or receivable by virtue of earlier service under another occupational pension scheme as defined in section 2 of the Pensions Act 1990 .
For a teacher or chaplain who would have at least 9 years’ relevant pensionable service at the relevant age and who is not entitled to retained benefits, the maximum amount of service which may be purchased is that specified in column (2) of the Table to this paragraph opposite the mention in column (1) of that Table of the relevant pensionable service which the teacher or chaplain would have if he or she remains in service until the relevant age.
TABLE
| Relevant pensionable service (1) | Maximum service which can be purchased (2) |
| 20 years or more 19 years 18 years 17 years 16 years 15 years 14 years 13 years 12 years 11 years 10 years 9 years | Difference between 40 years and pensionable service by the relevant age 17 years 15 years 13 years 11 years 9 years 7 years 5 years 4 years 3 years 2 years 1 year |
The limits specified in the Table to paragraph 3 are subject to the overriding restriction that the amount of service which may be purchased, together with service which is otherwise pensionable, shall not in any case exceed 40 years.
Where the potential pensionable service at the relevant age is less than 20 years but includes days of service in excess of a complete number of years, a number of days equal to 365 days less the excess days in question may be purchased in addition to the appropriate number of years specified in column (2) of the Table to paragraph 3.
Where a teacher or chaplain is entitled to retained benefits for earlier service under another public sector pension scheme, and those benefits are identical to the benefits which would be payable under this Scheme for an equivalent period of service, the maximum number of years of notional service which may be purchased shall be the smaller of—
- (a) the maximum specified in column (2) of the Table to paragraph 3; and
- (b) 40 - A,
where A is the relevant pensionable service which the teacher or chaplain would have at the relevant age.
Where the value of the retained benefits paid or payable is not identical to the value of the superannuation benefits which would be payable under this Scheme in respect of an equivalent period, the amount of service which may be purchased by the teacher or chaplain concerned shall be determined by the Minister after consultation with the Minister for Finance.
Schedule 3 Calculation of actuarially reduced equivalent of notional service purchased
Where payment of a superannuation benefit, other than a death gratuity or a benefit under Part 3, which takes account of purchased service commences before the date of the member’s relevant age (for example, where a teacher or chaplain who is purchasing service retires before the relevant age), each Table in this Schedule specifies, by reference to the periods and matters mentioned in the heading to it and opposite the mention, in column (1) of it, of the age at which payment of benefit commences or, as the case may be, the man’s or woman’s age on his or her next birthday—
- (a) in the case of Tables 1 and 2—
- (i) in column (2), the factor to be used in respect of a gratuity,
- (ii) in columns (3) and (4), respectively, the factor to be used in respect of a pension,
in calculating the actuarially reduced equivalent of the proportionate service purchased at that date, and
- (b) in the case of Tables 3 and 4—
- (i) in column (2), the factor to be used in respect of a pension,
- (ii) in column (3), the factor to be used in respect of a gratuity,
in calculating the actuarially reduced equivalent of the proportionate service purchased at that date.
Table 1
Factor to be used (applicable during the period from 22 October 1991 and ending immediately before 27 October 2006) in calculating the actuarially reduced equivalent of the proportionate service purchased in the case of members for whom the relevant age is 65
| Age at which payment of benefit commences (1) | Factor to be used in calculating gratuity (2) | Factor to be used in calculating pension in the case of a male (3) | Factor to be used in calculating pension in the case of a female (4) |
| 64 63 62 61 60 59 58 57 56 55 54 53 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 | 0.98 0.95 0.93 0.91 0.89 0.87 0.85 0.83 0.81 0.79 0.78 0.76 0.74 0.72 0.71 0.69 0.68 0.66 0.64 0.63 0.62 0.60 0.59 0.57 0.56 0.55 0.53 0.52 0.51 0.50 0.49 0.47 0.46 0.45 0.44 | 0.92 0.85 0.78 0.73 0.68 0.63 0.59 0.55 0.51 0.48 0.45 0.42 0.40 0.38 0.36 0.34 0.33 0.31 0.29 0.28 0.27 0.25 0.24 0.23 0.22 0.21 0.20 0.20 0.19 0.18 0.17 0.17 0.16 0.15 0.15 | 0.93 0.87 0.82 0.77 0.72 0.68 0.64 0.61 0.58 0.55 0.52 0.49 0.47 0.45 0.43 0.41 0.39 0.37 0.35 0.34 0.33 0.31 0.30 0.29 0.28 0.27 0.26 0.25 0.24 0.23 0.22 0.21 0.20 0.20 0.19 |
Table 2
Factor to be used (applicable during the period from 22 October 1991 and ending immediately before 27 October 2006) in calculating the actuarially reduced equivalent of the proportionate service purchased in the case of members for whom the relevant age is 60
| Age at which payment of benefit commences (1) | Factor to be used in calculating gratuity (2) | Factor to be used in calculating pension in the case of a male (3) | Factor to be used in calculating pension in the case of a female (4) |
| 59 58 57 56 55 54 53 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 | 0.98 0.95 0.93 0.91 0.89 0.87 0.85 0.83 0.81 0.79 0.77 0.75 0.73 0.72 0.70 0.68 0.67 0.65 0.64 0.62 0.61 0.59 0.58 0.56 0.55 0.54 0.52 0.51 0.50 0.49 | 0.93 0.87 0.81 0.76 0.72 0.67 0.63 0.60 0.57 0.54 0.51 0.48 0.46 0.44 0.42 0.40 0.38 0.36 0.34 0.33 0.32 0.30 0.29 0.28 0.27 0.26 0.25 0.24 0.23 0.22 | 0.94 0.89 0.84 0.80 0.76 0.72 0.68 0.65 0.62 0.59 0.56 0.54 0.51 0.49 0.47 0.45 0.43 0.41 0.40 0.38 0.37 0.35 0.34 0.33 0.32 0.30 0.29 0.28 0.27 0.26 |
Table 3
Factor to be used (applicable on or after 27 October 2006) in calculating the actuarially reduced equivalent of the proportionate service purchased in the case of members for whom the relevant age is 65
| Age last birthday (1) | Pension (2) | Gratuity (3) |
| 30 | 22.9% | 50.7% |
| 31 | 23.6% | 51.7% |
| 32 | 24.4% | 52.8% |
| 33 | 25.2% | 53.8% |
| 34 | 26.0% | 54.9% |
| 35 | 26.9% | 55.9% |
| 36 | 27.8% | 57.0% |
| 37 | 28.7% | 58.2% |
| 38 | 29.7% | 59.3% |
| 39 | 30.8% | 60.5% |
| 40 | 31.8% | 61.7% |
| 41 | 33.0% | 62.9% |
| 42 | 34.2% | 64.1% |
| 43 | 35.5% | 65.4% |
| 44 | 36.8% | 66.7% |
| 45 | 38.2% | 68.0% |
| 46 | 39.7% | 69.3% |
| 47 | 41.3% | 70.6% |
| 48 | 43.0% | 72.0% |
| 49 | 44.8% | 73.4% |
| 50 | 46.7% | 74.8% |
| 51 | 48.7% | 76.3% |
| 52 | 50.8% | 77.8% |
| 53 | 53.1% | 79.3% |
| 54 | 55.6% | 80.8% |
| 55 | 58.2% | 82.4% |
| 56 | 61.1% | 84.0% |
| 57 | 64.1% | 85.6% |
| 58 | 67.4% | 87.3% |
| 59 | 71.0% | 89.0% |
| 60 | 74.8% | 90.7% |
| 61 | 79.0% | 92.5% |
| 62 | 83.6% | 94.3% |
| 63 | 88.5% | 96.1% |
| 64 | 94.0% | 98.0% |
| 65 | 100.0% | 100.0% |
Table 4
Factor to be used (applicable on or after 27 October 2006) in calculating the actuarially reduced equivalent of the proportionate service purchased in the case of members for whom the relevant age is 60
| Age last birthday (1) | Pension (2) | Gratuity (3) |
| 30 | 30.6% | 55.7% |
| 31 | 31.6% | 56.8% |
| 32 | 32.6% | 57.9% |
| 33 | 33.6% | 59.0% |
| 34 | 34.7% | 60.2% |
| 35 | 35.9% | 61.4% |
| 36 | 37.1% | 62.6% |
| 37 | 38.4% | 63.8% |
| 38 | 39.7% | 65.1% |
| 39 | 41.1% | 66.4% |
| 40 | 42.5% | 67.7% |
| 41 | 44.1% | 69.0% |
| 42 | 45.7% | 70.4% |
| 43 | 47.4% | 71.8% |
| 44 | 49.2% | 73.2% |
| 45 | 51.1% | 74.6% |
| 46 | 53.1% | 76.1% |
| 47 | 55.2% | 77.6% |
| 48 | 57.4% | 79.1% |
| 49 | 59.8% | 80.7% |
| 50 | 62.4% | 82.2% |
| 51 | 65.1% | 83.9% |
| 52 | 67.9% | 85.5% |
| 53 | 71.0% | 87.2% |
| 54 | 74.3% | 88.9% |
| 55 | 77.8% | 90.7% |
| 56 | 81.6% | 92.4% |
| 57 | 85.7% | 94.3% |
| 58 | 90.1% | 96.1% |
| 59 | 94.8% | 98.0% |
| 60 | 100.0% | 100.0% |
Schedule 4 Cost neutral early retirement actuarial reduction factors
Table 1
| Members who are not new entrants | Members who are not new entrants | Members who are not new entrants |
| Age of member (to be construed in accordance with Article 61(1)) (1) | Pension (2) | Gratuity (3) |
| 50 | 62.4% | 82.2% |
| 51 | 65.1% | 83.9% |
| 52 | 67.9% | 85.5% |
| 53 | 71.0% | 87.2% |
| 54 | 74.3% | 88.9% |
| 55 | 77.8% | 90.7% |
| 56 | 81.6% | 92.4% |
| 57 | 85.7% | 94.3% |
| 58 | 90.1% | 96.1% |
| 59 | 94.8% | 98.0% |
Table 2
| Members who are new entrants | Members who are new entrants | Members who are new entrants |
| Age of member (to be construed in accordance with Article 61(1))(1) | Pension(2) | Gratuity(3) |
| 55 | 58.2% | 82.4% |
| 56 | 61.1% | 84.0% |
| 57 | 64.1% | 85.6% |
| 58 | 67.4% | 87.3% |
| 59 | 71.0% | 89.0% |
| 60 | 74.8% | 90.7% |
| 61 | 79.0% | 92.5% |
| 62 | 83.6% | 94.3% |
| 63 | 88.5% | 96.1% |
| 64 | 94.0% | 98.0% |
Schedule 5 Documents relating to certain benefits granted after 1972
Table
| DocumentIdentification Number | Document Type | Document Title or Subject Matter |
| 101/08 | Circular of the Department of Education and Science | Immediate Suspension of the Early Retirement Scheme for Teachers |
| 20/02 | Circular of the Department of Education and Science | This provides for the reckoning of the pay increases due on 1 October 2000 in the retirement gratuities of certain teachers and chaplains. |
| 01/02 | Circular of the Department of Education and Science | This provides further information on the purchase of actual service given in secondary, community and comprehensive schools. |
| 6/2000 | Agreed report of the Conciliation Council for Teachers | This provides for the application, on a once-off basis, of the 5.5% pay increase payable with effect from 1 October 2000 to the lump sum payable to teachers and chaplains who were compulsorily retired on age grounds at the end of the 1999/00 academic year. |
| 37/98 | Circular of the Department of Education and Science | This provides for the requirements of a health declaration and medical examiner’s report on the appointment to pensionable posts in secondary schools. |
| 10/98 | Circular of the Department of Education and Science | This provides for arrangements for the purchase by retired teachers or chaplains of teaching service for superannuation purposes. |
| 25/97 | Circular of the Department of Education and Science | Implementation of Early Retirement Provisions for Primary and Post-Primary Teachers |
| 34/91 | Circular of the Department of Education and Science | Revised Pension Purchase Scheme for Members of the Secondary Teachers’ Superannuation Scheme. |
| 6/91 | Agreed report of the Conciliation Council for Teachers | Revised Pension Purchase Scheme for Members of the Secondary Teachers’ Superannuation Scheme. |
| M-2/88 | Circular of the Department of Education and Science | Voluntary Redundancy Scheme for Secondary Teachers |
| 4/87 | Agreed report of the Conciliation Council for Teachers | Abolished use of quarters in method of calculating averages and amended definition of retiring salary. |
| 12/83 | Circular of the Department of Education and Science | Purchase of Notional Service for Superannuation Purposes in the Case of Teachers in Secondary, Comprehensive and Community Schools |
| 10/81 | Agreed report of the Conciliation Council for Teachers | Agreed Report of discussions on a claim from the ASTI that the Secondary Teachers’ Superannuation Scheme be amended to enable teachers and chaplains to buy back past service which was pensionable. |
| 6/80 | Agreed report of the Conciliation Council for Teachers | This provides for the abolition of the former rule that a person lost their entitlement to a pension if they had been out of service for more than 10 years. |
| 2.75 | Letter of Department of Finance Sanction | Reckoning of certain service for lump sums. |
| 9/73 | Circular of the Department of Finance | Reckoning for superannuation purposes of service with the Defence Forces during the Emergency (2 September 1939 to 31 October 1946) |
| 8/73 | Letter of Department of Finance Sanction | Pension credit for unemployment periods. |
GIVEN under my Official Seal,
27 October 2009.
BATT O’KEEFFE,
Minister for Education and Science.
The Minister for Finance hereby consents to the foregoing Scheme.
GIVEN under my Official Seal,
27 October 2009.
BRIAN LENIHAN,
Minister for Finance.
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