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UCD Payroll Office
Oifig Párolla UCD

Public Sector Pension Related Deduction

For all Public Sector organisations, employees pay is subject to a Pension Related Deduction and applies to employees who:

  • Are members of a Public Service Pension Scheme
  • Those entitled to a benefit under a Public Service Pension Scheme
  • Have an entitlement to join a Public Service Pension Scheme
  • Those who receive any type of payment or allowance in lieu of membership of a Public Service Pension Scheme


The Levy is calculated as follows:

Weekly Threshold Monthly thresholdLevy (%)
 €288.46  €1250.00  0%
 €384.62  €1666.67  5%
 €1153.85  €5000.00  10.00%
 Balance  Balance  10.50%
  
 This means(%)
 First €1250.00 at   0%
 Next €416.67 at  5%
 Next €3333.33 at  10.00%
 Over €5000 at  10.50%

Note: Pension related deduction is cumulative with effect from 01/01/2011.

It is payable on all income, pensionable and otherwise (Overtime, allowances or any other like payment). It is additional to any other pension contribution that you are already paying. It excludes Revenue-approved salary sacrifice: i.e. Travel pass salary deduction. The Deduction does not apply to a pension or pension lump sum. Under the Income Tax Acts, deductions will be treated in the same way as a normal pension contribution. It will not affect the calculation of an individual’s limit under Revenue rules for pension contributions (including AVC’s).

Budget 2011 - Public Sector Pension Related Deduction Summary

  • Rates and Bonds are unchanged from 2010
  • With effect from 01/01/11 no employee PRSI relief will be allowed on Pension related deduction charges.


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Pension Related Deduction