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Early Retirement


The normal retirement age in UCD is age 65 but is is possible for the vast majority of current staff to retire anytime between age 60 and 65. Learn about the options available and how they work.


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Available options

  • Standard Early Retirement
    The majority of staff in UCD who were appointed to pensionable University posts before 31/12/2004, have the option to retire anytime between the ages of 60-65 without benefits being actuarially reduced.  The pension and gratuity are calculated on the service to date of retirement.

  • Cost Neutral Early Retirement
    From the ages of 50-60 (or 55-65 to Model Scheme members) Cost Neutral Early Retirement (CNER) is available to UCD Pension Scheme Members.  Benefits can be paid prior to normal retirement date with benefits actuarially reduced for early payment. 

Below you will find information on how an early retirement is processed.

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  • If you are thinking of retiring early please email the Pensions Office with your personnel number and proposed retirement date to request a statement of your early retirement benefits. You can also run early retirement figures on your online pensions record through the Online Pensions Self Service.
  • If you decide to retire you will be asked to complete the retirement decision form, which you will have received with the statement of retirement benefits.
  • Added Years may be granted at retirement, at the discretion of the Minister for Education & Skills and the Minister for Finance, in respect of special qualifications or previous non-pensionable service prior to joining the University, provided that the total of actual and added years shall not exceed 40, and that the number of added years shall not exceed one third of actual service subject to a maximum of 10 years. The Financial Measures (Miscellaneous Provisions) Act 2009 has not altered the rights and obligations of members under Scheme rules.   Where the Scheme rules provide for discretion in relation to members' rights and benefits, that discretionary power now vests in the Minister for Education & Skills and the Minister for Finance.   Please note that an Added Years award is one of the benefits subject to the discretion of the Minister for Education & Skills and the Minister for Finance and any decision on the granting of added years will only be made at retirement.
  • Added Years are not considered for Cost Neutral Early Retirement
  • Your figures will be submitted to next Finance Remuneration and Asset Management Committee and Governing Authority for noting.  All Retirements must be noted in advance.  Please see  FRAMC & Governing Authority Meetings deadlines to ensure your benefits will be noted on time for your chosen retirement date.  Please contact the Pensions Office at least 8 weeks in advance of the Pensions Office deadline.
  • Arrangements to collect your gratuity cheque and Spouse/Civil Partner/Children’s tax certificate (if relevant) can be made by contacting the UCD Pensions Office a week in advance of your retirement date.
  • Your pension payment will be set up automatically and paid into the same bank account, on the same date as your salary was previously.
  • The payslip for your pension will be posted to your home address and your Personnel number will remain unchanged. If you engage in post retirement work with UCD a “P” will be added to the end of your existing number and the payslip for this additional pay will be available online as normal.
  • A Pensioner Declaration Form will be issued on an annual basis for completion and return during your retirement.  This is an Audit requirement.

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Points to note

  • If you have previous civil service or public sector service which may be transferrable or bought back, please complete the transfer in form and email to well in advance of your retirement date as this process can take some time to complete. For further details on transfers in please see Transferring Pension Benefits

  • VHI, Accident policy and individual voluntary life assurance premiums which were deducted from your salary will automatically continue to be deducted from pension.   The UCD voluntary Life Assurance Scheme will stop unless you are returning to UCD on a temporary contract, in which case the premium will continue to be deducted on the part time earnings automatically up to age 65.  If you have queries in relation other deductions please contact

  • Your staff card will remain active after you retire.

  • As a pensioner you will continue to have access to your UCD e-mail account.

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Ask HR

If you cannot find the information you are looking for please 'Ask HR' by completing this form below.

Your Name: *
Personnel No: (optional)
Your Email: *
Your Telephone: *

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If you are unable to find the information you are looking for, please call 
HR on + 353 (01) 716  4909