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Redundancy calculation and pension

  • 21-09-2011 08:35PM
    #1
    BizAngel
    Registered Users, Registered Users 2 Posts: 48 ✭


    I'm trying to figure out whether employer contributions to a PRSA should be included when arriving at the gross weekly pay for the purpose of calculating a redundancy payment? Is it at the discretion of the employer as to whether the pension contribution should be included? Any feedback would be appreciated
    Tagged:


Comments

  • #2
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,685 Mod ✭✭✭✭Stheno


    In short no, I've been made redundant in the past and it was based on gross pay, not any other contributions employers made that were "Benefits"


  • #3
    Newaglish
    Registered Users, Registered Users 2 Posts: 2,734 ✭✭✭Newaglish


    Any contribution made by your employer which is taxed as a benefit-in-kind should be included in calculating your gross weekly wage for the purposes of your redundancy pay.

    Is the PRSA contribution taxed as a BIK?


  • #4
    whats_happenin
    Registered Users, Registered Users 2 Posts: 67 ✭✭whats_happenin


    does anyone know if you have work full time for 4 years and have worked part time for 1 year and you are currently working part time do you qualify for redundancy for full or part time work or can this be neogiated


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