Boards.ie uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Click here to find out more x
Post Reply  
 
Thread Tools Search this Thread
24-12-2015, 10:02   #1
mockingjay
Registered User
 
mockingjay's Avatar
 
Join Date: Apr 2012
Posts: 308
Pension Related Deduction

Just noticed the Pension Related Deduction went down from €118.02 to €55.52 on my payslip today. Have I been living under a rock or does anyone know why this is, my PAYE also went 'up' by €25 despite gross pay staying the same. Still came out with a few bob more but just wondering why? Does anybody know?
mockingjay is offline  
Thanks from:
Advertisement
24-12-2015, 10:12   #2
sitstill
Registered User
 
sitstill's Avatar
 
Join Date: Oct 2007
Posts: 1,284
Quote:
Originally Posted by mockingjay View Post
Just noticed the Pension Related Deduction went down from €118.02 to €55.52 on my payslip today. Have I been living under a rock or does anyone know why this is, my PAYE also went 'up' by €25 despite gross pay staying the same. Still came out with a few bob more but just wondering why? Does anybody know?
I had the exact same as this on my one!
sitstill is offline  
24-12-2015, 11:06   #3
chocoholic999
Registered User
 
chocoholic999's Avatar
 
Join Date: Jul 2015
Posts: 65
Same here. Is this because of the latest public service agreement that both teachers unions said no to? I think because the majority of the unions said yes we were still going to benefit from the change to pension levy. However they were threatened to stop increments because we said no. don't know if that's actually happening?
chocoholic999 is offline  
24-12-2015, 14:43   #4
Arlessienne
Registered User
 
Join Date: Nov 2014
Posts: 3,293
My payslip has a note saying that revised PRD thresholds have been applied under the FEMPI Act 2015 with an increase of €2500 @ 0% previously @ 2.5%.
Arlessienne is offline  
24-12-2015, 15:49   #5
TheDriver
Moderator
 
TheDriver's Avatar
 
Join Date: Sep 2004
Posts: 9,743
The pension levy is reduced. However that means you now have more taxable pay hence increase in paye. Its part of the landsdowne rd but unless we vote yes, we won't get next one in july
TheDriver is online now  
Thanks from:
Advertisement
24-12-2015, 21:16   #6
doc_17
Registered User
 
Join Date: Oct 2009
Posts: 4,865
Yeah we get a few euro extra. We have a choice now if we another few euro a week or to continue the Croke Park hours.

Anyway, Merry Christmas everyone.
doc_17 is offline  
07-01-2016, 12:40   #7
Lord Nikon
Registered User
 
Lord Nikon's Avatar
 
Join Date: Jul 2003
Posts: 3,466
Here is the rates table.

http://www.impact.ie/wp-content/uplo...RA-changes.pdf
Lord Nikon is offline  
Thanks from:
Post Reply

Quick Reply
Message:
Remove Text Formatting
Bold
Italic
Underline

Insert Image
Wrap [QUOTE] tags around selected text
 
Decrease Size
Increase Size
Please sign up or log in to join the discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Share Tweet