Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

State pension and occupational pension

  • 08-06-2020 8:29am
    #1
    shedpaddock
    Registered Users, Registered Users 2 Posts: 11 ✭


    When I retire I will be entitled to a full contributory state pension and a occupational pension that I paid into for fifteen years. Will I be paid both pensions at once? Is there any means testing?


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,861 Mod ✭✭✭✭Henry Ford III


    No means test - you paid for your pensions.

    I'd imagine you'd be entitled to both benefits.


  • #3
    Geuze
    Registered Users, Registered Users 2 Posts: 14,039 ✭✭✭✭Geuze


    People often retire before the State Pension age.

    If you retire at the SP age, and assuming you have enough PRSI paid, then yes, the SPC will be paid.


  • #4
    phormium
    Registered Users, Registered Users 2 Posts: 3,395 ✭✭✭phormium


    As of right now yes you will get both with no means test, just both will be taxable, who knows what the future brings as there will be changes coming but we'll have to wait and see!


  • #5
    Dodge
    Registered Users, Registered Users 2 Posts: 10,330 ✭✭✭✭Dodge


    shedpaddock wrote: »
    When I retire I will be entitled to a full contributory state pension and a occupational pension that I paid into for fifteen years. Will I be paid both pensions at once? Is there any means testing?

    There’s no means test for the contributory pension, and your outside income has no impact on how much you receive. You can even continue to work full time and receive the contributory pension


  • #6
    [Deleted User]
    Posts: 5,121 ✭✭✭ [Deleted User]


    There is no means test for the contributory state pension but there are rules about qualifying for it.

    If you qualify, any other pension is not taken into account.


  • Advertisement
  • #7
    Dodge
    Registered Users, Registered Users 2 Posts: 10,330 ✭✭✭✭Dodge


    [Deleted User] wrote: »
    There is no means test for the contributory state pension but there are rules about qualifying for it.

    If you qualify, any other pension is not taken into account.

    The rules are age and contributions. That’s it


  • #8
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,295 ✭✭✭✭Mrs OBumble


    It depends on how many years you have worked for in Ireland or a country with a pensions bilateral. If its less than a lifetime, your contributory pension may be quite small. And non contributory is means tested.


  • #9
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,861 Mod ✭✭✭✭Henry Ford III


    Mrs OBumble wrote: »
    It depends on how many years you have worked for in Ireland or a country with a pensions bilateral. If its less than a lifetime, your contributory pension may be quite small. And non contributory is means tested.

    OP already said they'd qualify for a full contrib. OAP.


Advertisement