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Public sector pension contributions?

  • 15-06-2022 6:48am
    Registered Users Posts: 1,233 ✭✭✭ lightspeed


    Can anybody help advise me on what % of my monthly salary will go to pension in public sector job?

    It is a HEO position which I understands starts at €50,848.

    I can't see any other salary calculator to calalculate my net pay other than the one on tax

    I have the taxcalc app which seems to give about €9 a month more in net pay for some reason.

    Also on tax calc app if I budget for a possible 3% salary increase my net pay only increases by €53 more per month.

    Why is there a pension deduction and a super annuation contribution? Why not just one?

    On tax calc app I see from salary of 50,848 my monthly gross is €4237. The deductions for pension is €184 and then €199 for pension levy which I understand is the super annuation contribution.

    184 + 199 = 383

    383/4237= 9%

    Is this correct? Can I trust net pay calculation is correct on tax calc app?



  • Registered Users Posts: 83 ✭✭ BJG524

    Assume u are new and its the post 2013 scheme.

    It's a flat 3% of your gross pensionable pay

    And 3.5% of the net pensionable pay - for a fortnightly paid person this is your (gross pay minus 4 times the old age pension rate) *3.5%

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed


    Yes this is my first time ever starting in civil service position. I'm still a bit confused. As far as I know I wont be paid fortnightly and should be paid monthly.

    So should the pension deductions in total equate to 9% as tax suggests?

    I have emailed HR to ask what my monthly net pay will be but just waiting to hear back from them.

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed

    Sorry just read your reply further and my understanding based on what you advised is that pension should be as follows.

    €50,848 x 3%= 1525.44

    €50,848-1525.44 = €49,322.56

    €49,322.56 x 3.5% = €1726.29

    Total pension deductions per annum (1525.44 +1726.29) = €3251.73

    €3251.73/12= € 270.97 per month

    Does the above seem correct? If so any idea why tax is out so much?

  • Registered Users Posts: 2,983 ✭✭✭ mystic86

    How did you get a HEO job if just joining the civil service, is it a specialist stream?

  • Registered Users Posts: 108 ✭✭ Butterfly182

    Congrats on the job, I'm no good at pension things!

    @mystic86 A person can also get a HEO job etc though an open competition

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  • Registered Users Posts: 2,983 ✭✭✭ mystic86

    No, it'll be 200 a month and you can't opt out. Plus the asc which is another 45 a month, mandatory.

    No idea why you deducted the first calculation from your pay for the 2nd calculation...

    It's 3% of gross pay PLUS 3.5% of (gross pay minus (2 x state contributory pension))

    You can read all about it, and get your hands on a calculator, at

  • Registered Users Posts: 11,824 ✭✭✭✭ Geuze

    The headline contribution rate is 6.5%, which is made up of main scheme and Spouses &Children scheme.

    3% of gross salary


    3.5% of nett salary, where nett salary = (gross - 2*State Pension)

    Don't forget, PS also pay the ASC pension conts.

  • Registered Users Posts: 818 ✭✭✭ Ciaran

    €50,848 x 3%= €1,525.44

    €50,848-26,343* = €24,505

    €24,505 x 3.5% = €857.68

    Total pension deductions per annum (1525.44 + 857.68) = €2,363.12

    €2,363.12/12 = €196.93 per month

    There's also a deduction of the "additional superannuation contribution":

    €50,848 - €34,500 = €16,348

    €16,348 x 3.33% = €544.39

    €544.39/12 = €45.37 per month

    *The annual amount of the old age pension multiplied by 2

  • Registered Users Posts: 543 ✭✭✭ Manzoor14

    Full breakdown of deductions etc below.

    Rate Current:50,848.00

    Total Pay: 4,237.33

    Gross Pay for PAYE: 3,945.49

    Net Pay: 2,968.63

    Total Deductions: 1,268.70


    PENSION SPS: 71.47

    PENSION SPS: 127.12

    ASC: 45.37

    PAYE: 676.07

    USC: 131.30

    EMPLOYEES PRSI: 169.49

    PHI DB: 12.71

    PHI: 35.17

  • Registered Users Posts: 470 ✭✭ rogerywalters

    You should come out with about 1370 net every 2 weeks.

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  • Registered Users Posts: 1,233 ✭✭✭ lightspeed

    Thanks do you have the option to choose whether you get paid fortnightly or monthly or is it fortnightly for all?

    Seems to be quite a variable based on Monthly net pay vs fortnightly but I understand some months have 5 weeks and assume this is the reason for the variance.

  • Registered Users Posts: 1,531 ✭✭✭ wench

    Pay frequency is tied to grade, you get no choice. COs & similar are weekly, pretty much everyone else is fortnightly.

    Your annual pay is divided by 26.09 (leap years!) to get your fortnightly pay. Two months a year you get three paydays, and then every 11 years, you get three months of three paydays, hallelujah!

  • Registered Users Posts: 5,261 ✭✭✭ SouthWesterly

    Check out the help section on the pssc website. and go to the section, your payslip explained

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed


    It doesn't seem like it ties back to gross yearly amount of 50,848?

    50848/26.09= €1949 per fortnight. So at 10 months = €1949 ×2 = €3898 per month.

    3898 x 10 (4 week months) = €38,980

    (1949/2) x5 =4872.5

    4872.5 × 2 (5 week month's) =9745

    €38,980 + €9745 = €48,725.

    So I'm not seeing how it equates to gross €50,848 per year?

  • Registered Users Posts: 1,531 ✭✭✭ wench

    You've managed to lose a fortnight's pay in your maths there - the 3 payday months are effectively 6 week months, not 5.

    There are 26 paydays in a standard year, so 1949 x 26 = 50674 is the normal gross.

    Then in the magical 11th year, you get those cumulative underpayments back in the extra 27th pay period.

    The next "year 11" is due in 2026 I think.

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed

    Thanks I think I'm understanding it now buy car help to feel a little screwed over. It seems then its really a gross of €50674 per annum and not €50,848.

    I understand the underpayments get returned every 11 years but what if somebody leaves before 11 years? I assume such underpayments are paid in their final pay along with any annual leave entitlement not taken?

    Also the present value of money today is greater than same amount of money in 1 years time. So are the underpayment amounts adjusted for inflation?

  • Registered Users Posts: 5,158 ✭✭✭ caviardreams

    No, you are not being short changed in any way. It's just there are only so many week (52.18) in a year so the payment date for the .18 carries over into the first week of the next year when the rest of the week/fortnight gets completed so to speak. It's basic maths, nothing untoward.

  • Registered Users Posts: 512 ✭✭✭ MakersMark

    Sounds like a bargain, when you consider its a guaranteed gold plated Defined Benefit pension.


  • Registered Users Posts: 1,531 ✭✭✭ wench

    You are massively overthinking it. It amounts to a difference in your take home of a fiver a month.

    Nobody is going to keep track of how much you are "owed" for each year, which will have changed with increments, raises, promotions etc. You just get a normal fortnight's pay.

    If you start now, you will still get a full extra paycheque in 2026, regardless of not having 11 years service.

    And as your salary now will be higher than it was 10, 9, 8 years ago, you are better off with a full fortnight's pay now, than a reduced amount made up of the cumulative fractional amounts.

  • Registered Users Posts: 275 ✭✭ squigglestrebor

    Im new to these negotiations but i presume the unions rejecting the 5% is a good thing for public service? They arent gonna take that offer away? Id have taken the 5% tbh. These are permanent increases.

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  • Registered Users Posts: 170 ✭✭ Shuffl_in

    They won't take it away anyway. It's guesswork as to how much they'll budge.

    Agreeing to a 5% increase during a period of 9% inflation is agreeing to a hefty enough pay cut. And it's not just this year and next, we've fallen behind over the last couple of years too. We won't get 9% because we have to take the hit for global issues and government decisions but hopefully that gap is closed a bit.

  • Registered Users Posts: 275 ✭✭ squigglestrebor

    Yeah i agree , i just feel that this inflation could be somewhat temporary , can really see why they wouldnt want to match it. Do you think any deal should be in place for the first increment in oct or could that be 1% as planned? Or is it that effectively zero at present cos this is talks about that deal?

  • Registered Users Posts: 5,158 ✭✭✭ caviardreams

    Even if inflation is temporary, prices stay at the new higher level permanently (unless there is actually deflation in the future)

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed

    Where was it reported that the unions rejected 5% increase? I assume that would have been 5% on top of existing increments which I understand where already set to be 1%.

    Last I read on RTE news was that there was significant differences between both sides but the unions had not publically given the % increase they wanted.

  • Registered Users Posts: 7,070 ✭✭✭ bobbysands81

    The state takes in more from the pension pot than it pays out… that’s why we have no option to opt out of the pension, it’s mandatory. If the pension was so onerous on the state then surely there’d be an opt out?

    A CS worker would generally get a better return if they were able to join a private pension fund instead of pay into the PS pension fund

    Our pensions are FAR from guaranteed, as has already been shown, at the stroke of a pen any Minister can change the terms and conditions of our pensions.

  • Registered Users Posts: 228 ✭✭ exitstageleft

    Can anyone give a straight answer as to whether or not the new civil service pension is good?

    I understand that it's not what it used to be (which was, frankly, ridiculous) but the defined benefits aspect seems fairly positive.

    Perhaps it depends on your grade since it still seems to be linked to your average salary over your career?

  • Registered Users Posts: 11,824 ✭✭✭✭ Geuze

    The Single PS pension scheme is good.

    It's not as good as typical PS pension schemes before that, but it is still good.

    Yes, it is linked to average salary over career, that is the main difference compared to existing PS schemes.

  • Registered Users Posts: 3,108 ✭✭✭ TheDavester

    Pardon my igorance, havent really paid much attention to the ps pension - is it a lump sum we get when we hit retirement and then the state pension?

  • Registered Users Posts: 1,233 ✭✭✭ lightspeed

    I an curious about this also. The single person pension excel calculator shows the estimated lump sum and pension amount per annum.

    Can anybody confirm regarding the pension per annum amount as per calculator, is this amount what you will get PLUS the lump sum?

    If I want to get lump sum and amount per annum as per calculator would I need to be making additional voluntary contributions?

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  • Registered Users Posts: 1,531 ✭✭✭ wench

    You get the lump sum, and the ongoing pension amount, which includes the state pension.