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  • Contributions - I.N.T.O
    what happens a teacher s pension following her his death either in service or after retirement All teachers are not members of the Spouses and Children s Scheme Membership of this scheme is compulsory for all male teachers appointed in a permanent or temporary capacity on or after 1 July 1969 Membership of the scheme is compulsory for all female national school teachers appointed in a permanent or temporary capacity on or after 1 June 1981 However teachers in service prior to these dates 1 July 1969 men 1 June 1981 women were given the opportunity of opting out of the scheme Members who opted out of the scheme continue to pay contributions at an average rate of 5 of gross salary for the general pension scheme Teachers who opted out of the Spouses and Children s Pension Scheme are not covered for benefit under the terms of the scheme Revised Spouses and Children s Pension Scheme Click here to link to DES circular PEN 14 05 Revision of the Spouses and Children s Pension Scheme Option to join the Revised Scheme A revised option to join the Spouses and Children s Pension Scheme was extended to the women who opted out of the scheme at the time of the original option in 1981 The scheme became compulsory for all women who commenced teaching since 1 November 1981 The DES confirmed to the INTO that all primary and secondary teachers in service on or after 1 April 2004 had the option to join the Revised Spouses and Children s Pension Scheme The contribution rate that applied to the revised offer was as follows Periodic Contributions 2 of salary Deductions in respect of service prior to joining the scheme 1 5 of final salary per outstanding year The time scale implemented

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/Contributions/ (2015-10-30)
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  • Benefits - I.N.T.O
    year should date their retirement effective from 31 August in order to ensure payment of full salary for the months of July and August Issuing of Lump Sun and Pension Teachers are strongly advised to complete and return without delay the relevant documentation which is issued in connection with retirement Lump sum is normally be issued by the Department of Education and Skills within one month of retirement The following documentation issued to a teacher approximately one week before the lump sum is issued A statement of the benefits being paid and a pension number Pension Declaration Form This declaration must be returned to the Office of the Pay Master General PMG which issues pensions The first pension cheque will not be issued until this form is returned Normally the first pension cheque will be issued in October and will contain any arrears of pension due A form for claiming a rebate of income tax in respect of deductions if any for outstanding contributions to the Spouses and Children s scheme A general information leaflet An application form for membership of the Retired Teachers Association An application form to authorise if desired the payment of pension directly to a bank or building society account through the Paypath System Pension cheques are issued monthly and arrive on the last day of the month VHI contributions can be deducted directly from retired teachers pensions However the Group Scheme for retired teachers operates on a calendar year basis and accordingly retired teachers should contact VHI and arrange direct payment of premiums for the period during their retirement date and the renewal date of the retired teachers scheme which is 1 January Transferability of Superannuation Rights Local Government and Civil Service Transfer Schemes Members of the Primary Teachers and Secondary Teachers Superannuation Schemes are now approved for participation in the Civil Service Transfer Scheme and the Local Government Transfer scheme This provides for the reckoning by each participating organisation of earlier pensionable service with any other organization in the transfer network Under its provision there is a link up between the Civil Service the Garda Siochana the Defence Forces National and Secondary Teachers and over 110 participating bodies the vast majority of which are in the public sector Accordingly teachers who have given service in another organisation should contact the Pensions Section of the Department of Education and Skills to enable the relevant service to be transferred In addition both schemes make provision for the payment on a transfer value basis only of a once off lump sum to organisations outside the network provided that certain conditions are met Pension Credit Teachers retiring on pension may be eligible to have the pensionable service with which they are credited increased under the following schemes Marriage Ban Service given by married female teachers while the marriage ban was in force will be reckoned for pension purposes The marriage ban was lifted with effect from 1 July 1958 The concession will apply in the case of period

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/Benefits/ (2015-10-30)
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  • Calculation of Pension - I.N.T.O
    if the teacher dies in service more than three years before her his compulsory retirement date or the teacher retires on grounds of disability before the earliest date at which s he would be eligible for pension on voluntary retiral or the teacher has held the allowance for the last three years of pensionable service and during that period there has not been an increase or decrease in the allowance payable to her him due to a change in posts or a change in the grading of a post or the gain or loss of an allowance in the case of an allowance to which the provisions of the second clause above do not apply an amount calculated by dividing by 1095 the annual rate of that allowance and multiplying the result by the number of days on which the teacher held the allowance during the last three years of pensionable service Compulsory and Voluntary Retirement Pension is calculated at the rate of one eightieth of retiring salary for each year of pensionable service at the date of retirement subject to a maximum of 40 years For example a teacher on a retiring salary of 60 000 with 40 years contributions to the scheme will receive an annual pension of 30 000 i e 1 80th of 60 000 x 40 A teacher on the same salary with 35 years pensionable service will receive an annual pension of 26 250 i e 1 80th of 60 000 x 35 Pensions are deemed to be income and as such are subject to income tax Retired teachers pensions increase in line with salary increases awarded to serving teachers Lump sum is calculated at the rate of three eightieths of retiring salary for each year of pensionable service at the date of retirement subject to a maximum of 40 years For example a teacher on a retiring salary of 60 000 with 40 years or more contributions to the scheme will receive a lump sum of 90 000 i e 3 80ths of 60 000 x 40 A teacher on the same salary with 35 years pensionable service will receive a lump sum of 78 750 i e 3 80ths of 60 000 x 35 The lump sum payable on retirement is not subject to income tax Pension Calculator after June 2016 Pension Calculator after 30 June 2016 xls 33 kb This calculator has been developed by INTO for members whose service began before April 1995 and did not break their service in any way other than by an approved leave of absence such as career break etc Use current salary for this calculator It is for illustrative purposes only Important note this calculator is not designed to calculate cost neutral early retirement CNER estimates Pension Calculator PSPR June 2016 Pension Calculator PSPR June 2016 xls 44 kb This calculator has been developed by INTO specifically for members who plan to retire on or before 30 June 2016 whose service began before April

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/CalculationofPension/ (2015-10-30)
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  • Disability/Ill Health Retirement - I.N.T.O
    In certain circumstances the Minister for Education and Skills may require the teacher to submit him herself for examination to the Department s Occupational Health Scheme Medmark Occupational Health is the current provider Applications for retirement on grounds of disability should be submitted to the Department a number of weeks before paid sick leave expires The application forms are available from the DES by contacting Primary Pensions Section in Cornamaddy Athlone on 090 648 3993 Please note these forms are not available on the DES website as yet Members are welcome to discuss their case with their Benefit Funds Committee Representative CEC Representative or with staff in INTO Head Office Teachers who are members of the Salary Protection Scheme and who are retiring on grounds of disability should also make application to Cornmarket Group Financial Services approximately eight weeks before paid sick leave expires Where retirement on grounds of ill health is approved additional pensionable credit may be allowed for the purposes of calculating pension and lump sum Disability pensions to teachers under 50 years of age may be reviewed at intervals of 2 3 years Teachers may resume service if certified medically fit Teachers who retire on disability are advised to maintain cover for Social Welfare benefits i e Widow Widower s Contributory Pension Orphan s Contributory Allowance Occupational Injuries Benefit Bereavement Grant Carer s Benefit and Lone Parent s Benefit A medical certificate submitted to the Department of Social Welfare annually will ensure that credited contributions are recorded in the teacher s name and entitlement to benefit will be maintained The certificates should be submitted until the last tax year prior to a teacher s 66th birthday Teachers intending to apply for early retirement on the grounds of disability are advised to contact their District Representative Benefit Funds Committee Representative or Head Office for further advice Teachers retiring on disability are not under the circumstances required to give three months notice to their Management Board Teachers in receipt of a disability pension may not be employed in any capacity in a national school Calculating Entitlement The calculation of lump sum and pension in the case of teachers who retire due to disability is based on actual years of pensionable service multiplied by retiring salary and divided by 80 plus additional pensionable credit where applicable The amount of added service allowed varies depending on the length of actual pensionable service given by the teacher and her his age at retirement The following is a summary of the scale of added years allowed Teachers with between 5 and 10 years service may be credited with an equivalent amount of pensionable service i e double the amount of actual service will be allowed Teachers with between 10 and 20 years service may be credited with the more favourable of a the difference between actual service and 20 years or b an additional 6 years and 243 days i e 6 and 2 3 years A teacher with more than 20 years

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/DisabilityIllHealthRetirement/ (2015-10-30)
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  • InTouch Pension Articles - I.N.T.O
    Abroad and Pension Resignation Notional Service Posts of Responsibility Pupil Enrolment Recognition of Qualifications Salary School Accommodation School Funding School Insurance School Leadership School Transport and Ancillary Staff School Year Social Inclusion Special Education Staffing Staff Relations Staff Reps Taxation and PRSI Teacher Special Interest Groups The Teaching Council InTouch Pension Articles Pension Supplement pdf 385 kb Published in the November 2009 issue of InTouch magazine Proposed Pension Reforms Bring

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/InTouchPensionArticles/ (2015-10-30)
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  • Spouses' & Children's Pension Scheme - I.N.T.O
    teacher s pension Where children are left as well as a spouse an amount equal to 1 3rd of the spouse s pension will be payable for each child up to a maximum of three children Children up to age 16 or the age of 21 if in full time education fall within the terms of the scheme Specific provision is made for children who are permanently incapacitated Provision is also made for the payment of a pension to eligible children in the event that a teacher is not survived by a spouse Points to note To be eligible for benefit under the Spouses and Children s scheme specific contribution requirements have to be met Outstanding contributions to the scheme i e contributions in respect of years of service given prior to entry to the scheme must be paid at the time of retirement only applicable to men in service prior to 1969 and women in service prior to 1981 who did not opt out of the scheme In the case of married or widowed teachers a deduction of 1 of retiring salary will be made from the teacher s lump sum for each year of pensionable service for which contributions have not already been made subject to a maximum of 40 Example A female teacher commenced service in 1965 and retired in 2005 She joined the scheme in 1981 At the time of retirement she has approximately 24 years contributions to the Scheme Sixteen years contributions are outstanding at the date of retirement A deduction of 16 of the teacher s annual retiring salary is made from the teacher s lump sum in respect of these outstanding contributions Where a deduction from a teacher s lump sum is made in respect of outstanding contributions to the scheme tax relief is subsequently allowed at the higher marginal tax rate on the deduction which considerably reduces the cost of repaying the outstanding contributions Teachers who have not married by the date of retirement are refunded all deductions made from their salary in respect of the scheme Such refunds are subject to income tax currently deducted at a rate of 20 Spouses Children s Pension Revised Scheme A revised option to join the Spouses and Children s Pension Scheme is being extended to the women who opted out of the scheme at the time of the original option in 1981 The scheme became compulsory for all women who commenced teaching since 1 November 1981 The DES has also confirmed to the INTO that all primary and secondary teachers in service on or after 1 April 2004 will be given the option to join the Revised Spouses and Children s Pension Scheme The contribution rates that apply to the revised offer are as follows Periodic Contributions 2 of salary Deductions in respect of service prior to joining the scheme 1 5 of final salary per outstanding year Teachers will have until 31 March 2006 to consider the matter and make a decision as

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/SpousesChildrensPensionScheme/ (2015-10-30)
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  • Substitute Service - I.N.T.O
    break of more than 26 weeks occurs between periods of employment Superannuation deductions will be made from each salary payment In general substitute teachers will pay superannuation deductions as follows 1 5 Spouses and Childrens Pension pre tax deduction from gross salary 1 5 Superannuation pre tax deduction from gross salary 3 5 Superannuation pre tax deduction from gross salary less twice the rate of Dept of Social and Family Affairs Old Age Pension Substitute Service during school years 1991 92 and 92 93 Superannuation credit can only be claimed in respect of service given in the 1991 92 and 1992 93 school years where 92 days or more substitute service have been given Payment of contribution A superannuation contribution payment will have to be made by the teacher Payment of this contribution can be made immediately on taking up duty in a permanent teaching post Alternatively arrangements can be made to have contributions deducted from salary over an agreed period Authorisation for the deduction of the appropriate amount from salary will be required at the time of application for credit Substitute service given by teachers while on career break will not be reckoned for pension purposes Substitute service prior to 1 January 2005 On appointment to a permanent teaching post a teacher can have previous service as a substitute credited for superannuation purposes on the following conditions the scheme applies to substitute service given after 1 September 1993 limited provision is made for substitute service given in the 1991 92 and 1992 93 school years the teacher must pay a superannuation contribution and each day of qualified substitute service will be calculated as a pro rata fraction of a 365 day year Substitute Service from 1 September 1993 On appointment to a permanent position substitute teaching service given after 1 September 1993 may be credited on a pro rata basis for superannuation purposes as follows Option 1 All qualified substitute service of 92 days or more in any school year may be credited Option 2 If less than 92 days qualified substitute service is given in any school year substitute service of five days or more in any fortnightly pay period may be credited Superannuation Credit for Certain Service in Capitation National Schools Background Agreed Reports 7 75 and 2 78 of the Conciliation Council for Teachers record agreement on arrangements for the reckoning for superannuation purposes of service given by teachers as members of religious orders on the minimum staffs of capitation schools hereafter referred to as capitation teaching service Arising from those Agreed Reports and subject to the conditions outlined therein one half of such teaching service may be reckoned as pensionable service under the appropriate superannuation scheme Service given by teachers either lay or religious in a supernumerary capacity in capitation schools hereafter referred to as supernumerary teaching service is not recognised as pensionable service Claims Two claims which have been processed under the terms of the PCW agreement on pay and conditions relate to service

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/SubstituteService/ (2015-10-30)
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  • Service Abroad and Pension - I.N.T.O
    School Funding School Insurance School Leadership School Transport and Ancillary Staff School Year Social Inclusion Special Education Staffing Staff Relations Staff Reps Taxation and PRSI Teacher Special Interest Groups The Teaching Council Service Abroad and Pension Teaching Service Abroad Teaching service abroad which is recognised for the purpose of paying additional increments on the salary scale is not recognised for pension purposes since no contributions are made to the pension scheme here during the period of service abroad Teachers employed in Great Britain and Northern Ireland accumulate two records of benefit Teachers Superannuation Scheme and PRSI Contribution Entitlement Teachers with recognised service will have entitlements for superannuation purposes On leaving service they have two options withdraw their contributions and thereby forego any future benefit or opt for preserved benefit whereby an entitlement to pension based on recognised service would accrue from age 60 Enquiries to Department of Education and Skills Pensions Branch Mowden Hall Darlington D13 9BG PRSI contribution records may give entitlement to pre retirement or old age pension Enquiries regarding entitlements should be addressed to Health and Social Security Overseas Group Newcastle upon Tyne NE98 1YX It is recommended that teachers who gave service abroad particularly in Northern

    Original URL path: http://www.into.ie/ROI/InfoforTeachers/Pensions/ServiceAbroadandPension/ (2015-10-30)
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