S S class Registered User Messages 1,948 Thursday at 6:04 PM #1 The PRSA is set up as "employer name" PRSA. Employer contributions have been paid into it. The employee decides to cease employment before being a holder of the PRSA for 2 years. Can the employer reclaim their contributions to the employees PRSA.
The PRSA is set up as "employer name" PRSA. Employer contributions have been paid into it. The employee decides to cease employment before being a holder of the PRSA for 2 years. Can the employer reclaim their contributions to the employees PRSA.
L LDFerguson Registered User Messages 4,851 Thursday at 6:07 PM #2 No. Contractually a PRSA is owned by the employee, regardless of who contributes to it. An employer cannot take a refund of contributions.
No. Contractually a PRSA is owned by the employee, regardless of who contributes to it. An employer cannot take a refund of contributions.