TAX RELIEF ARRANGEMENTS IN PENSION SCHEME CONTRIBUTIONS

The maximum pension contributions, in any one year, for which you are entitled to tax relief, is related to your age and is expressed as a percentage of your gross income (up to a maximum of €254,000 for 2006; €262,382 for 2007; €275,239 for 2008 and €150,000 for 2009) as follows:

In computing the percentage of salary, account must be taken of all employee superannuation contributions, e.g. ongoing contributions under the Superannuation Scheme and Additional Voluntary Contributions.

Staff members interested in availing of Additional Voluntary Contributions, or increasing the level of their existing Additional Voluntary Contributions, should contact:

Amanda King
Direct Dial: +353  (01) 6396387
email: amanda.king@willis.ie

Grand Mill Quay, Barrow Street, Dublin 4. Tel: (01) 661 6211, Fax: (01) 661 1321

89 South Mall, Cork. Tel: (021) 427 712, Fax: (021) 427 7127

Willis Risk Services (Ireland) Limited is authorised by the Financial Regulator

 

 

Last edited: Thursday, 03-Nov-2011 16:41:21 GMT

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Tel: +353 1 708 3866 | Fax: +353 1 708 3940 | humanresources@nuim.ie