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Executive Pension Plans

  • 19-02-2017 5:57pm
    #1
    Heisenburg81
    Closed Accounts Posts: 322 ✭✭


    Can anybody post a link or state the contributions that companies can make for Directors for the different age groups?
    It is easy to find the personal limits based on Net Relevant Earnings but I am unable to locate the company contribution levels for executive plans.


Comments

  • #2
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    Heisenburg81 wrote: »
    Can anybody post a link or state the contributions that companies can make for Directors for the different age groups?
    It is easy to find the personal limits based on Net Relevant Earnings but I am unable to locate the company contribution levels for executive plans.

    http://www.revenue.ie/en/about/foi/s16/pensions/

    Knock yourself out...


  • #3
    Heisenburg81
    Closed Accounts Posts: 322 ✭✭Heisenburg81


    barneystinson wrote: »
    http://www.revenue.ie/en/about/foi/s16/pensions/

    Knock yourself out...

    Company contribution limits aren't there.
    Thanks though.


  • #4
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    Heisenburg81 wrote: »
    Company contribution limits aren't there.
    Thanks though.

    Try chapter 5


  • #5
    Heisenburg81
    Closed Accounts Posts: 322 ✭✭Heisenburg81


    barneystinson wrote: »
    Try chapter 5

    Thanks Barney.

    I thought contribution levels for companies could reach as high as 400% of annual salary when nearing retirement of directors - not so according to that Revenue Guidance.


  • #6
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    Heisenburg81 wrote: »
    Thanks Barney.

    I thought contribution levels for companies could reach as high as 400% of annual salary when nearing retirement of directors - not so according to that Revenue Guidance.

    I haven't dipped into it in a while, but IIRC a special contribution in order to build up a fund could be a multiple of salary, not sure about 4x...


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