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Pension Provisions

Dáil Éireann Debate, Tuesday - 13 October 2020

Tuesday, 13 October 2020

Ceisteanna (326)

Patricia Ryan

Ceist:

326. Deputy Patricia Ryan asked the Minister for Social Protection if the pension of a person (details supplied) will be examined with a view to reconciling their tax records with their pension stamps to maximise their pension payment. [30321/20]

Amharc ar fhreagra

Freagraí scríofa

The person concerned reached pension age on 22 February 2018. According to the records of my Department, they have a total of 1093 qualifying full-rate paid contributions and 937 credited contributions from their date of entry into insurable employment on 22 February 1968 to end-December 2017. This equates to a yearly average of 41 contributions and gives them an entitlement to a standard State pension (contributory) at 98% of the maximum rate. They were notified in writing of this decision on 16 March 2018.

An interim Total Contributions Approach (TCA) was introduced in January 2018 as an alternative to the ‘yearly average’ method of calculating pension entitlement for those State pension (contributory) customers born on or after 1 September 1946 and therefore affected by post-2012 Budget pension rates. The TCA provides for up to 20 years of HomeCaring Periods in their pension entitlement calculation for applicants who took time out of the workplace for parenting or caring duties.

When the person’s State pension (contributory) was reviewed under this approach, the person concerned indicated to my Department that they did not wish to pursue a review. They were notified in writing of this decision on 6 March 2019.

Accordingly, the person concerned is in receipt of the correct rate of State pension (contributory) commensurate with their social insurance record as held by my Department. If they consider that they have additional contributions or credits that have not been recorded, it is open to them to forward documentary evidence to my Department and their pension entitlement can be reviewed.

I hope this clarifies the position for the Deputy.

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