Go Back   Askaboutmoney.com > General Financial Issues > Pensions > Public sector pensions

Reply
 
Thread Tools
  #1  
Old 08-01-2011, 03:10 PM
celestialgrr
 
Posts: n/a
Default Civil Servant increasing pension to reduce net income to reduce child maintenance?

Hi all,

For the purpose of deciding on maintenance payments it seems the Judge bases his decision on the net income of my ex.

I have a feeling my ex is pouring alot of money into his pension to reduce his net income so that he wont have to pay as much maintenance.

Can anyone please tell me where I could find out how much of his income he must pay into his pension? He earns €63K without overtime and is a civil servant.

I will really appreciate any advice you can give me.
Reply With Quote
  #2  
Old 08-01-2011, 03:48 PM
ajapale ajapale is offline
 
Posts: 7,647
Default

moved from pensions to public sector pensions.
Reply With Quote
  #3  
Old 08-01-2011, 04:17 PM
Slim Slim is offline
Frequent Poster
 
Posts: 1,617
Default

Without knowing your ex's exact job and terms, I can only guesstimate that he would be paying 6.5% superannuation plus about 8% so called pension levy. Any additional contributions to pension might be through an AVC scheme or PRSA or, less likely, purchase of notional service or temporary service to his employer. You should look for specific figures under these headings if you can. Slim
Reply With Quote
  #4  
Old 08-01-2011, 04:20 PM
gipimann gipimann is online now
Frequent Poster
 
Location: Drogheda
Posts: 4,407
Default

If he's a civil servant, the pension rate is 1.5% plus the pension levy. Public servants pay 6.5%.

These are for persons recruited before April 1995 - the percentages for post-95 entrants are slightly different because they pay full PRSI.
Reply With Quote
  #5  
Old 08-01-2011, 04:32 PM
celestialgrr
 
Posts: n/a
Default

thanks AJ, Slim and gipimann, maybe I should ask my solicitor if I have a right to this information. I know it's also up to me to find a new job and support my kids but we're really struggling at the moment and it seems wrong that he could reduce his net income by pouring more than is required into pensions.
Reply With Quote
  #6  
Old 10-01-2011, 10:26 AM
Complainer Complainer is offline
Frequent Poster
 
Location: South Dublin
Posts: 4,964
Default

Do you have a formal separation arrangement in place? Did this cover the future value of his pension? I'm just wondering if you will get a share of the pension in the long run?
Reply With Quote
  #7  
Old 10-01-2011, 11:06 AM
celestialgrr
 
Posts: n/a
Default

Thanks for your reply Complainer, no formal separation. I've raised the children by myself up until now but just can't manage at the moment. I had to go to court to get some maintenance it was a real emergency, the Judge made an interim order and since then each time we go back to court my ex declares less net income and the Judge reduces the order.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 11:08 AM.