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It is beyond time for the original Directors to resign and for some owners to volunteer their services on the board and become signatories on the bank account. Then the owners are in charge of all expenditure. In the case of our estate ,we only allow the Agent viewing rights on our account and...

Strange the internet is full of information on how to "set a budget". ;)

I agree that redundancy can be hugely traumatic and financially disruptive. However I have some friends who have got their house deposit on the basis of being made redundant and finding a similar job quickly. It depends of course on the job market and and the age/qualifications of the person...

I clarified what I meant by "setting" the budget as you requested. Yes, it cannot be imposed on members as they have a vote if they are fully paid up.

I would think that setting a budget means devising it, by looking at likely upcoming expenditure. I am a Management company Director. We set the budget every year by investigating the increases likely for services and tendering contracts to get best value etc. We also prioritise the expenditure...

It's agreed or rejected, but the budget is set by the board of directors.

Incorrect. A draft budget which includes projected expenditure for the year ahead and the apportionment of fees for each unit should be presented by the Directors at the AGM. This is then agreed or not by members. Those unhappy with how an estate is being run can put themselves forward as...

Even if you pay full A rate PRSI for 40 years, the state pension is very generous relative to the contributions required. This is compared to the pension contributions, additional pension contributions and full PRSI required for public sector pensions which include the state pension entitlement...

I also think that something that needs to be considered when comparing pension benefits is the possibility for private sector workers to be made redundant and be paid a considerable lump sum. All public servants post 95 pay full A rate PRSI but will never have the possibility of being made...

I know this means of calculating the state pension is being phased and rightly so. I am thankfully a pre 95 public sector entrant. Had I worked outside the public sector and never made a pension contribution, just paid A rate prsi, but married we would have got €26,000 approx per annum from the...

The biggest giveaway in terms of pension is the state pension. Full state pension at the moment it is available to workers who pay minimum 10 years A rate prsi contributions. Most public sector workers have this included in their pension entitlement but this benefit (available to all) is rarely...

Again you are confusing the managing agent with the company. Yourself and fellow owners are the company. The managing agent works on your behalf as most owners don't have time for day to day admin. An AGM is held once a year and you have to take responsibility for not attending the AGM. If you...

If you buy a house or apartment in a managed development then you need to inform yourself. You are a member of the management company as are all other owners. As already said, find out who the current directors are and try to contact them for information. It is likely they will have good reason...

I have just recently received the long service increment but it appears on my pay cheque as a "35 year allowance". I don't have 35 years service but you get it after being 10 years at point25 of the scale. My understanding is that this will be counted pro rata towards my final salary amount for...

This cohort of public servants have a "co-ordinated" pension, so their state pension is incorporated into their occupational pension. I just wondered if this is taken into account in the notional employer percentages that were quoted for the pre 2013 cohort?

Just wondering if these percentages take into account the state pension that accrues to private sector workers on the basis of PRSI contributions alone. For example if these public sector employees just made A rate PRSI contributions and didn't contribute to a pension at all they would have been...

The apportioning of fees is set out in the head lease. In the case of our OMC, this is done based on size of apartment. It is legal for management companies to charge interest on arrears once this is approved by other owners at the AGM. Basic services have to be paid for, and timely payment of...

What can be done in this situation is that you become an active member of the management company which comprises all the owners in your development. If you are unhappy with the work of the managing agent then you can consider putting the contract out to tender. I am an owner director of an OMC...

The Management Company is all the owners in the development. The Managing Agent works on their behalf and is appointed by them. Owners would have agreed to have clamping on site usually because of a debt situation. The clamping company is appointed and works independently according to the...

You need to contact your landlord to discuss why this might have happened. The only reason clamping is in place in most managed developments is because of persistent non payment of fees by certain owners. The management company won't deal with you directly as you are not a member so you need to...