Tax Deduction O.S.C.S.F

bloominefa

Does anyone know what O.S.C.S.F deduction on my payslip represents?

I understand the oscs_sp&c refers to the state pension to be paid to my dependants in the event of my death but no idea what aforementioned represents.

Haven't queried it previously but deduction equates to a substantial amount each month.

2ndcoming

It's not a tax related query to be honest, best bet would be to take it up with your payroll.

Geuze

bloominefa wrote: »

Does anyone know what O.S.C.S.F deduction on my payslip represents?

I understand the oscs_sp&c refers to the state pension to be paid to my dependants in the event of my death but no idea what aforementioned represents.

Haven't queried it previously but deduction equates to a substantial amount each month.

Please note that PRSI payments determines eligibility for the Dept of Social Protection State Pension.

"sp &c" is a reference to "Spouses and Children", which is part of an occupational work pension.

Geuze

If you are a public servant, note that there can be up to four pension deductions:

Main scheme
Lump sum
Spouses and Children
PRD

These are all elements of the PS occupational pension.

These are separate from PRSI.