Dáil Éireann Debate, Thursday - 16 November 2017
73. Deputy Louise O'Reilly asked the Minister for Public Expenditure and Reform if his attention has been drawn to a mechanism for public servants who are members of the single public service pension scheme to access AVCs in the same way as persons on the previous scheme; and if he will make a statement on the matter. [48501/17]
Amharc ar fhreagraThe Single Public Service Pension Scheme applies to all new entrants appointed to pensionable posts in the public service from 1 January 2013. Irrespective of the public service pension scheme of which they are a member, and subject to Revenue and any other relevant regulatory constraints, pensionable public servants may be able to augment their retirement income by contributing to a Revenue-approved AVC Scheme or AVC PRSA, entered into at full cost to themselves with an insurance provider. Participation in AVC Schemes, some of which are affiliated with trade unions, or an AVC PRSA arrangement is a matter for individual public servants.
