Dáil Éireann Debate, Tuesday - 9 December 2014
198. Deputy Joe Costello asked the Minister for Public Expenditure and Reform if he will amend the single public service pension scheme to enable the inward transfer of pension savings from other pensions; and if he will make a statement on the matter. [47248/14]
Amharc ar fhreagraThe Public Service Pensions (Single Scheme and Other Provisions) Act 2012 which provides the statutory basis for Single Public Service Pension Scheme enables me to make regulations providing for inter alia the inward transfers of pension savings from other pension schemes and the purchase of additional pension rights by Single Scheme members. I understand work on the development of a draft scheme of transfer and purchase by my Department is well advanced. The intention is that details of the planned purchase and transfer scheme can be finalised and implemented early next year.
