Pension related deduction.

Same as last year.

[broken link removed]

First 15,000 of Earnings - Exempt
Between €15,000 & €20,000 – 2.50%
Between €20,000 & €60,000 - 10%
Above €60,000 - 10.5%

For almost all Public Servants this will mean a reduction in the pension related deduction
(PRD) cost of €125.00 over a full year.
 
Protocol said:
Same as last year.

[broken link removed]

First 15,000 of Earnings - Exempt
Between €15,000 & €20,000 – 2.50%
Between €20,000 & €60,000 - 10%
Above €60,000 - 10.5%

For almost all Public Servants this will mean a reduction in the pension related deduction
(PRD) cost of €125.00 over a full year.
Click to expand...

Thanks couldn't seem to find the info anywhere for 2015.
 
Apologies for posting on an old thread but I cannot start a new one as a new user.

I am a public servant who has recently taken a career break. My annual gross (€60k) puts me on the highest rate of income tax as well as the highest rate of pension-related deduction (PRD) which is 10.5%. The PRD is essentially a tax on all public servants introduced in 2009. It confers no entitlement to a pension. It is sometimes called the 'pension levy'.
Anyway, for the first half of 2015 on my fortnightly payslip I paid PAYE, PRSI, USC, pension contributions and PRD as if I was earning €60k, an average rate of 40% or so. However I took the career break about mid-way through 2015 and will have no other income this year. On the basis of full-year income of about 30k I should be paying about a 24% rate taking in PAYE, PRSI, USC, pension contributions and PRD.
So I've paid (60k/2)*40% = 12k in deductions whereas my full-year liability should be in the region of 30k*24% = 7k. Obviously I'm simplifying and rounding the numbers a bit.
I plan to reclaim the PAYE and USC from Revenue immediately using form P50 as I do not plan to work again this year. There will be very little PRSI to reclaim and no pension contributions to reclaim at all.
My query relates to the PRD. Will Revenue refund this to me or do I have to go to my employer?
I've searched previous threads but can't find advice.
 
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