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Max tax-free lump sum from AVC PRSA for public sector retiree

sector_000 · 2025-08-20 11:16:24

(posted this in pension forum… but maybe this taxation forum is better?🤔) My wife is about to retire. She's entitled to a modest enough pension straight away from her public sector employer. She's had 12 years of pensionable role with this PS employer, and 9 in non-pensionable roles. So 21 in total. She'll also receive a…

20-08-2025 12:16PM

#1

sector_000

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(posted this in pension forum… but maybe this taxation forum is better?🤔)
My wife is about to retire.
She's entitled to a modest enough pension straight away from her public sector employer.
She's had 12 years of pensionable role with this PS employer, and 9 in non-pensionable roles. So 21 in total.
She'll also receive a tax-free lump sum, something like €30K, from her employer.
She's also been funding an AVC PRSA with Zurich - currently worth ~€50K.
Can she withdraw any of that AVC PRSA as a tax-free lump sum?
Does that have to be done at the same time she retires from the PS job? Or can she wait a few years?

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