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Civil Service Pension Abatement

  • 04-07-2019 2:44pm
    #1
    BaronVon
    Registered Users, Registered Users 2 Posts: 1,663 ✭✭✭


    If I'm reading Section 52 of the Public Service Pensions (Single Scheme and Other Provisions) Act 2012 correctly, does this mean that a if person on a public service pension gets a new job in the public service, their combined new salary (pension + new salary) cannot exceed their previous full salary?

    Example: Old Job €60k

    Pension €30k

    New Job €40k = Total New Earnings €70k

    With Abatement, pension is reduced by €10k so new earnings do not exceed previous old salary (€60k)

    Am I correct?


Comments

  • #2
    TCM
    Registered Users, Registered Users 2 Posts: 736 ✭✭✭TCM


    That's the sum total of it. However not always applied in the public service. Depends of department/service you retired from.


  • #3
    BaronVon
    Registered Users, Registered Users 2 Posts: 1,663 ✭✭✭BaronVon


    Thanks for the reply. It would make it difficult to attract experienced staff, especially with particular skills.


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