what sort of cost is someone facing in the following situation:
50 year old working for HSE for past 5 years,employed since late 2002, permanent staff, earning approx €43k per year, paid fortnightly, who would like to make additional payments into pension so as to have full pension on retirement at 65?
Is there some sort of formula to work out the cost to people employed by HSE who will be short years on retirement at 65, who wish to make up this shortfall by 'buying years'...?
eg: people who started work at 30, 35, 40, 45 etc..?
Is there an option to buy additional years to retire at 60 for HSE staff...?
Thanks,
PCOCP
50 year old working for HSE for past 5 years,employed since late 2002, permanent staff, earning approx €43k per year, paid fortnightly, who would like to make additional payments into pension so as to have full pension on retirement at 65?
Is there some sort of formula to work out the cost to people employed by HSE who will be short years on retirement at 65, who wish to make up this shortfall by 'buying years'...?
eg: people who started work at 30, 35, 40, 45 etc..?
Is there an option to buy additional years to retire at 60 for HSE staff...?
Thanks,
PCOCP