CIF - can you cash in?

L

leelee

Registered User
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Husband has left construction industry & does not intend to commence employment again in it. We have just received statement about his contributions paid in. They only come to c. 4,000euro (incl. employwers). He does not want to transfer this to another pension scheme. We have other plans in place for the future so would not be depending on this?

Is there a way to get some/all back obvious tax will be taken off etc.
 
If he had more than 2 years scheme service and left after June 2002, then he will not be able to encash it. Only option is to transfer it to another occupational pension/PRSA or leave it paid up where it is until he reaches retirement age
 
Thanks! It will probably cover price of pint of milk when he is at retirement age!!
 
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