I am not sure if this is in the right place or not, I heard this morning that the Government are 'offering' to pay up to €2,500 on top of your SSIA if you put up to €7,500 of your SSIA into your pension. Does anyone know if this would be on top of the tax relief you wouild get anyway? E.g. if you put in €7,500 into your pension you will get tax relief of €3,150 (42%) and PRSI of €485, so for a payment of €3,865 you will get a pension contribution of €10,000. That seems like a great offer, or am I missing something?
Christy
Christy