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Pensions Schemes for Teachers and Non-teaching Staff
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Cost Neutral Early Retirement is a retirement option that allows teachers and non-teaching staff to retire early with immediate payment of pension benefits.
Benefits may be payable to spouses of teachers and non-teaching staff.
The Pensions Estimator (or Modeller) is available for school staff who receive salary directly from this department and are in membership of a pension scheme.
This department operates a commercial bank account in order to receive payments from a variety of sources.
Notional Service is a scheme that allows serving teachers and certain non-teaching staff who will have less than 40 years pensionable service at retirement aged 60 or 65 (65 years of age only in the case of a new entrant and teachers who are not new entrants have an additional option to purchase to age 60 ) to purchase certain additional pensionable service.
A preserved pension may be payable to a teacher, special needs assistant, certain caretakers and certain clerical officers who were members of the department’s pension scheme and have resigned but only have an entitlement to retirement benefits from the age of 60 or 65 if a new entrant.
The Single Pension Scheme is based on a career averaging model.
Refund of pensions contributions may be payable to teachers and non-teaching staff who have resigned without entitlement to superannuation benefits and wish to apply for a refund of superannuation contributions.
Teachers or non-teaching staff, while in pensionable service, may apply for retirement pension benefit on medical grounds.
Supplementary Pension is payable in certain circumstances to persons who paid Class A PRSI during the course of their employment.
Teachers and non-teaching staff may, in certain circumstances, transfer their previous public sector pension entitlements to their current scheme.
Voluntary/Compulsory is a retirement option that allows teachers and non-teaching staff to retire with payment of pension benefits without actuarial reduction.