LTI limits - public sector employees and pension levy

[Username2012]

Hello, perhaps a silly question but partner is a public sector worker and we will be looking to get a mortgage in time to come.

For the central bank LTI multiples would the gross salary per the payscale count even though public sector workers pay a pension levy (in addition to the other normal pension levies) that is essentially a paycut by another name? Cheers.

 

[Ihana]

Its one of many things not taken into account. Eg cost of living in your area is another one. 80k earnings in Dublin is not the same as 80k income elsewhere in the country.