M
Hi
I am a teacher and I am buying back years at the moment. My husband reckons I'm wasting my money and I should pull out of this?
What do others think? Are some of you pulling out of this?
I know its hard to predict whether the govt will have money or not in 20 years time to pay our pensions!
Just interested in what others think.
If the pension value is stated as '2/3rds final salary less the OACP', and there is no OACP for the years 65-68, does the pension suddenly = 2/3rds final salary for those years?
OK, so if the pension value is stated as '1/2 final salary less the OACP', and there is no OACP for the years 65-68, does the pension suddenly = 1/2 final salary for those years?
I don't think it is, at least not explicitly because there are all sorts of issues around accrued rights and constitutional issues about the holders of such rights having them protected as if they were property rights.I am speculating somewhat, but I suspect that the retirement age for that category of public servants is moving up to the higher age.
I know its hard to predict whether the govt will have money or not in 20 years time to pay our pensions!
Just interested in what others think.
Complainer, Oysterman,
if you have paid PRSI at class A, and so have to wait until 66 -67 -68 to get the CSP, then a supplementary pension is paid on top of the work pension from 60 onwards, until the CSP kicks in.
Complainer, Oysterman,
if you have paid PRSI at class A, and so have to wait until 66 -67 -68 to get the CSP, then a supplementary pension is paid on top of the work pension from 60 onwards, until the CSP kicks in.
Me too unfortunately. Thanks to protocol for providing the links, but I really can't work out from those links if the supplementary pension will fill the gap of the standard OACP age moving from 65 to 68.I'm even more confused!!!!!
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