Dáil Éireann Debate, Wednesday - 24 October 2018
137. Deputy Denis Naughten asked the Minister for Public Expenditure and Reform if a person availing of an extension of employment under the Public Service Superannuation (Age of Retirement) Bill 2018 will remain on their existing pay grade; if not, if they will be required to return to the first increment on their pay scale; and if he will make a statement on the matter. [44129/18]
View answerThe Public Service Superannuation (Age of Retirement) Bill 2018, which was published on 9 July, provides for an increase in the compulsory retirement age to 70, for the majority of public servants recruited prior to 1 April 2004. These public servants generally have a compulsory retirement age of 65 at present, which is provided for under statute. The Bill passed all stages in the Seanad on 17 July and is provisionally scheduled for Second Stage in the Dáil on the 25th of this month. The Bill is being treated as a priority with the intention of securing enactment as soon as possible in the current term.
Under the terms of the Bill, the legislation when enacted will provide that public servants reaching the age of 65 will be able to remain at work up to the age of 70, if they so wish, on their existing terms and conditions including pay. Incremental progression will continue up to the date of retirement and additional service will count towards pension accrual subject to the statutory maximum of 40 years.
