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Public Sector Pensions

Dáil Éireann Debate, Wednesday - 17 January 2024

Wednesday, 17 January 2024

Questions (375)

Jackie Cahill

Question:

375. Deputy Jackie Cahill asked the Minister for Public Expenditure, National Development Plan Delivery and Reform to ensure that members of An Garda Síochána who retired after 1995 on full service receive the same rate of pension as those who retired prior to 1995; and if he will make a statement on the matter. [56340/23]

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Written answers

As the Deputy may be aware, I have overall policy responsibility in relation to public service occupational pension schemes payable to retired public servants. 

For all new entrants to the public service (including members of An Garda Síochána) on or after 6 April 1995 (the date of introduction of full social insurance for public servants who now pay Class A PRSI) and before 1 January 2013 (the date of introduction of the Single Public Service Pensions Scheme) pension payment comprises of three components:

1. A Public Service Occupational Pension payable by the public service employer;

2. Social Insurance benefit(s) payable, subject to eligibility, by the Department of Social Protection (DSP) and;

3. Where the Social Insurance benefit payable does not equate to the full rate of State Pension Contributory (SPC), an occupational supplementary pension may be payable by the public service employer subject to an individual meeting eligibility criteria.

An occupational supplementary pension seeks to make up the difference between the occupational pension which would have been payable had that pension not been integrated, and the occupational pension in payment when combined with any Social Insurance Benefits in payment. The payment of an occupational supplementary pension is not automatic and is subject to an individual meeting certain criteria.

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