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Confused by Public sector Pension

snoopboggybog · 2020-06-04 12:48:07

Can someone explains to me how it works? If you don't contribute anything do you still get extra? I know public sector takes a little out of your wages to cover the bare minimum.

04-06-2020 12:48PM

#1

snoopboggybog

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Can someone explains to me how it works?

If you don't contribute anything do you still get extra? I know public sector takes a little out of your wages to cover the bare minimum.

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#2 04-06-2020 01:32PM

Geuze

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snoopboggybog wrote: »

Can someone explains to me how it works?

If you don't contribute anything do you still get extra? I know public sector takes a little out of your wages to cover the bare minimum.

Did you get enough info on the other forum?

https://singlepensionscheme.gov.ie/

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#3 04-06-2020 01:32PM

Geuze

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Posts: 14108

snoopboggybog wrote: »

If you don't contribute anything do you still get extra? I know public sector takes a little out of your wages to cover the bare minimum.

Pension contributions are compulsory.

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#4 04-06-2020 04:36PM

namenotavailablE

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If you want to get a fairly accurate idea of your likely net pay, you can try my spreadsheet which includes calculations for public sector employments:

http://taxcalc.eu/monthlyss/Employee%20PAYE%20calculator.xlsm

Free Excel net pay calculator- https://taxcalc.eu/monthlyss/Employee%20PAYE%20calculator.xlsm

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