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Pension Provisions

Dáil Éireann Debate, Thursday - 22 November 2012

Thursday, 22 November 2012

Questions (78)

Jerry Buttimer

Question:

78. Deputy Jerry Buttimer asked the Minister for Education and Skills if he will furnish particular details of each person who has been awarded added years under the professional added years for superannuation purposes scheme for institutes of technology for the period 2002 to date in 2012; if he will detail for each person identifying the institute of technology, the qualifications required for the relevant post, the length of time to obtain such qualifications, the actual years of service and the number of added years granted. [51945/12]

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Written answers

The professional added years terms for members of the Education Sector Superannuation Scheme in Institutes of Technology were introduced by the Department of the Environment in 1987, Circular S6/1987.

In accordance with the relevant pension scheme rules, there is provision for the granting of a gross award of up to ten professional added years where the minimum age limit or qualifications and/or experience specified for appointment to a permanent pensionable professional, technical or specialist post in an Institute of Technology would not allow an individual to be appointed by age 25 and thereby acquire maximum reckonable service (40 years) by age 65. A contribution is payable in respect of added years awarded under the scheme; 5% of retiring salary in respect of each year purchasable (6% if the employee is a member of the Spouses' and Children's Scheme).

From 2002 to date, 121 individuals employed in the Institute of Technology sector have been awarded professional added years at retirement. The average actual years of service of the applicants was 31.6398 years and the average added years award was 3.0327 years.

The following table outlines in tabular form the information sought by the Deputy. Institutes of Technology - Added Years' Awards 2002 to date

IOT

No. of Awards

Grade/Post

Prof Qualification

No of years to acquire qualification/exp

Actual Years of Service

No of Added Years Awarded

Range of years

Average no. of years

Average no. of years

Athlone IT

6

Lecturer

Degree/Membership of Professional body

From 7 to 8 years

34.7439 years

2.447 years

Carlow IT

6

Lecturer

Degree/Apprenticeship

From 7 to 10 years

28.296 years

2.5128 years

Cork IT

32

Lecturer

Degree/Apprenticeship/Membership of professional body/First class certificate of competency

From 7 to 10 years

32.0288 years

3.2947 years

DIT

26

Lecturer

Degree/Apprenticeship/Membership/Fellowship of professional body

From 7 to 10 years

31.7722 years

3.1278 years

Dundalk IT

9

Lecturer

Degree/Apprenticeship/Membership of professional body

From 7 to 10 years

31.279 years

3.1792 years

Galway-Mayo IT

7

Lecturer

Degree/Apprenticeship

From 7 to 10 years

32.147 years

3.2096 years

Letterkenny IT

2

Lecturer

Apprenticeship/Membership of professional body

From 7 to 10 years

31.0918 years

4.2884 years

Limerick IT

13

Lecturer

Degree/Apprenticeship/Membership of professional body/First class certificate of competency

From 7 to 10 years

30.9302 years

5.3772 years

IT Sligo

13

Lecturer

Degree/PhD/Apprenticeship/Membership of professional body

From 7 to 10 years

35.5601 years

3.383 years

IT Tralee

6

Lecturer

Degree/Apprenticeship

From 7 to 10 years

33.6299 years

1.5402 years

Waterford IT

1

Lecturer

Degree

From 7 to 8 years

26.5589 years

1 year

Total

121

Avg Actual Service: 31.6398 yrs

Avg added years award: 3.0327 yrs

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