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Public Sector Pensions

Dáil Éireann Debate, Tuesday - 22 September 2015

Tuesday, 22 September 2015

Ceisteanna (134)

Brendan Griffin

Ceist:

134. Deputy Brendan Griffin asked the Tánaiste and Minister for Social Protection if a retired civil servant (details supplied) in County Kerry will be permitted early access to their retirement lump sum; and if she will make a statement on the matter. [30444/15]

Amharc ar fhreagra

Freagraí scríofa

The officer in question retired from the Civil Service on 4th September 2009 under the Incentivised Scheme for Early Retirement.

In line with the terms of the Scheme, the officer was paid the pension along with 10% of the retirement lump sum without actuarial reduction. The 90% balance of the lump sum will be payable when the officer reaches preserved pension age (i.e. 60 years of age).

While there is no provision under this Scheme to pay the balance of the lump sum to the officer before preserved pension age, preserved lump sums may be paid early on grounds of incapacity, i.e. if the officer satisfies the criteria for ill-health retirement from the civil service.

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