Scheme Public Service Pension Scheme Information
The new Single Public Service Pension Scheme commenced on 1 January 2013 following the provisions of The Public Service Pensions (Single Scheme and Other Provisions) Act 2012.
If you commenced pensionable employment in the Irish Public Service on are after 1 January 2013 you will, in general, be a member of the Single Scheme.
The main elements of the Scheme are:
- Public Service Defined Benefit Pension Scheme
- Career average earnings are used to calculate a pension and lump sum benefit. The amounts accrue in each year of pensionable service and are increased by reference to inflation;
- The minimum pension age for most members is linked to the qualifying retirement age for the Irish State contributory pension. The State retirement age is currently 66 years, rising to 67 years in 2021 and 68 years in 2028;
- There is a compulsory upper retirement age of 70;
- Post-retirement pension increases are linked to inflation.