Archive for November, 2013

Information Circular No 32/2013: ‘Haddington Rd Agreement’ – Reduced Rate of Pension-Related Deduction

Wednesday, November 27th, 2013

The Haddington Rd Agreement provides for a reduction in the rate of the Pension-Related Deduction (PRD).  It has been confirmed that the Financial Emergency Measures in the Public Interest Act 2013 has amended the PRD rates with effect from 1st January 2014. The amendment reduces the Second PRD band from 5% to 2.5% in respect […]

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Information Circular No 31/2013: Standardisation of Leave Arrangements

Thursday, November 21st, 2013

The Department of Defence has submitted proposals to PDFORRA to adjust and standardise certain elements of leave with the intention of implementing the changes by 1st Jan 2014.  The proposals arise under Para 1.8 of the Croke Park Agreement – which provides for the standardisation of terms and conditions across the Public Service.  In general […]

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Information Circular No 30/2013: ‘Additional Increment’ Under the Pre-April 2004 Defence Forces Pensions Schemes – Implications of Change to State Pension Age From 1st January 2014

Friday, November 1st, 2013

From 1st January 2014, the State Pension age is increasing to age 66, and depending on when a person was born is set to rise on a phased basis to age 67 in 2021 and to age 68 in 2028.  The State Pension (Transition) – currently payable from age 65 to 66 – will cease […]

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