I just wanted to check my understanding of something is correct re: Defined Benefit pension schemes.

Chapter 6 of the revenue pensions manual sets out rules on the total benefits that can be provided by occupational pension schemes on retirement. For schemes that allow a 1.5X lump sum the general rule is someone can have N/80ths final salary as pension (Where N = number of years of service).

Chapter 5 of the revenue pensions manual sets out the capitalisation factors used to calculate the capital value of someone's pension entitlements and their max benefits.

Chapter 6 of the revenue pensions manual sets out rules on the total benefits that can be provided by occupational pension schemes on retirement. For schemes that allow a 1.5X lump sum the general rule is someone can have N/80ths final salary as pension (Where N = number of years of service).

Chapter 5 of the revenue pensions manual sets out the capitalisation factors used to calculate the capital value of someone's pension entitlements and their max benefits.

**Question 1**: Let's say there's someone who's entered a pension scheme at 30 years old and wants to retire at age 55 after 25 years of service. Their "final salary" is €60,000. Is it correct to say that the maximum pension that can be paid to the individual under revenue rules for schemes is 25/80 * 60,000 = €18750 (Not including State Pension) + whatever the lump sum is?**Question 2:**Is the scope for AVCs similarly limited by the N/80ths rule? Or can someone use AVCs to make up the difference between their max limits at what would have been their normal retirement age vs. their actual retirement age? (i.e. the additional 15 years between 25 and 40 years)*Edit: Minors edits for clarity*
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