HealtH Matters 105
pensions speCial
In order to ensure that any service capable the benefit tables are listed separately in
of being included is reckoned for pension respect of:
purposes, it is important for employees to • Lump Sum (payable at minimum
“individuals may calculate
ascertain if there is any previous service retirement age)
estimates of their
with organisations/agencies within the • Pension (payable to member at minimum
Public service transfer Network which may retirement age)
pension benefits by using
be reckonable. • Death Gratuity (payable to legal
If a previous award has been received representative if member dies in service)
the pension estimator,
from any such body e.g. marriage gratuity • Spouses’ Pension (if applicable,
through entering details
or refund of superannuation contributions, it where member dies in service or after
may be possible to repay such award to the retirement).
of service to date, salary
Hse in order to restore the relevant service
for pension purposes. In addition, individuals may calculate
(wholetime), projected
the main options for enhancement of estimates of their pension benefits by using
retirement date and work
service are through: the pension estimator, through entering
• The purchase of Notional Service Scheme details of service to date, salary (wholetime),
pattern into the future.”
and, projected retirement date and work pattern
• Additional Voluntary Contributions (AVC) into the future. the pensions’ estimator may
schemes. be accessed on the Hse Intranet (http://
hsenet.hse.ie) in the Working in the Hse
the purchase of Notional service scheme section. Go to ‘Pension Management’ and
enables an employee to buy extra service ‘Pension estimator’.
for pension purposes at full actuarial cost, Further information and contact details
either by lump sum or by way of additional for your local Pensions Management Unit
periodic contributions up to age 60 or may be accessed on the Hse Intranet in
65 years. the Pension Management section.
Certain union endorsed aVC Providers
have arrangements with the Hse whereby
contributions are deducted at source
through payroll and remitted to the
pension provider. Under aVC schemes,
any additional benefits which accrue are
paid separately by the pension provider
following retirement.
Further information on the inclusion
of previous reckonable service, the
purchase of Notional service scheme
and aVC schemes may be accessed on
the Hse intranet (http://hsenet.hse.ie) in
the Working in the HSE section. Go to
‘Pension Management’ and then ‘Current
employee’s/ Pension scheme Members’.
illustratiOn Of Benefits payaBle
anD using the pensiOn estimatOr
an illustration of the range of benefits
payable to members on various salaries
with varying years of service may also be
viewed on the Hse intranet site (directions
as above).
HM Iss6.1 p71-128.indd 105 12/03/2010 15:28:01
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