Pension Entitlement

itsgrand

Hi, just wondering if someone could shed some light on this issue:

I have 508 Reckonable Paid Contributions for Pension and 25 Reckonable Credited Contributions for Pension.

Can someone tell me does that entitle me for a contributory pension?

Not sure if 25 reckonable credited contributions count as I need 520 all together I think

Would really appreciated any responses,

Many thanks

wmpdd3

I presume you mean the contributory pension from the social welfare?

I looked into this a while back for my father and it was so confusing.

Looks like every year that the gov has been in power they have moved the goal posts, so it really matters what year you were born in and if you are male or female.

Taking what you have said and presuming that you fulfil all the other points, yes those credit contributions will bring you over the 520.

If you reach pension age on or after April 6 2012, you need to have 520 full-rate contributions (10 years contributions). In this case, only 260 of the 520 contributions may be voluntary contributions.

However, if you were a voluntary contributor on or before April 6 1997 and you have a yearly average of 20 contributions, you may meet the requirement if you have a total of 520 full-rate contributions (of which only 156 need to be compulsory paid contributions).

Credited contributions ('credits') are similar to the social insurance contributions you pay while employed and are usually awarded at the same rate as your last paid social insurance contribution. You may get credits when you are claiming a social welfare payment. Credits are not allowed after self-employed contributions (Class S).

http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/older_and_retired_people/state_pension_contributory.html

haveringchick

wmpdd3 wrote: »

I presume you mean the contributory pension from the social welfare?

I looked into this a while back for my father and it was so confusing.

Looks like every year that the gov has been in power they have moved the goal posts, so it really matters what year you were born in and if you are male or female.

Taking what you have said and presuming that you fulfil all the other points, yes those credit contributions will bring you over the 520.





http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/older_and_retired_people/state_pension_contributory.html

Male or female? Whst on earth do you mean?

Balagan

Women bear brunt of pension changes [from Irish Examiner, a year ago.]
http://www.irishexaminer.com/ireland/women-bear-brunt-of-pension-changes-262237.html

haveringchick

Balagan wrote: »

Women bear brunt of pension changes [from Irish Examiner, a year ago.]
http://www.irishexaminer.com/ireland/women-bear-brunt-of-pension-changes-262237.html

Thanks Balagan but wpmd seems to have misinterpreted something in the citizensinformation document she/he quotes.

itsgrand

Thanks Wmpd!