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Does Job Sharing Affect Pension?

  • 14-05-2019 2:42pm
    #1
    waterfaerie
    Registered Users Posts: 513 ✭✭✭


    Does anyone know what this actually means?
    10. I am job-sharing – how is my pension calculated?

    You have your job-sharing service treated on a pro-rata basis, i.e. 1 year = 183 days and the pensionable remuneration is the notional full rate of pay for the job. This means that the period of job-sharing is reckoned pro-rata to wholetime pensionable service and the pensionable remuneration is based on the wholetime equivalent pensionable remuneration.

    I can't make sense of the above. Does it affect your pension or not? Does it count as half a year?


Comments

  • #2
    Millem
    Registered Users, Registered Users 2 Posts: 7,729 ✭✭✭Millem


    waterfaerie wrote: »
    Does anyone know what this actually means?



    I can't make sense of the above. Does it affect your pension or not? Does it count as half a year?

    1 year of job share counts as half a year of work for pension.


  • #3
    waterfaerie
    Registered Users Posts: 513 ✭✭✭waterfaerie


    Millem wrote: »
    1 year of job share counts as half a year of work for pension.

    Thanks a million. I thought that would be the case. I don't know why they can't word it clearly!


  • #4
    amen
    Registered Users, Registered Users 2 Posts: 2,781 ✭✭✭amen


    That is very clear. It caters for all cases include job sharing for periods of days/weeks/months/years


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