Written Answers - Pension Provisions.

Thursday, 26 June 2008

Dáil Eireann Debate
Vol. 657 No. 5

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  130.  Deputy Jim O’Keeffe  Information on Jim O'Keeffe  Zoom on Jim O'Keeffe   asked the Minister for Education and Science  Information on Batt O'Keeffe  Zoom on Batt O'Keeffe   the position in relation to the vocational teachers’ superannuation scheme and the amendments being made thereto; and if these are now operational. [25144/08]

Minister for Education and Science (Deputy Batt O’Keeffe): Information on Batt O'Keeffe  Zoom on Batt O'Keeffe  My Department, in May this year, advised Vocational Education Committees by circular letter of the coming into operation of revised pension arrangements for certain part-time staff, including members of the Vocational Teachers Superannuation Scheme. These revised arrangements, which will result in a difference in pension benefit and contribution level for part-time staff, form part of Public Service Pension Reform generally.

The revised arrangements will improve access for part-time staff to the superannuation scheme. In addition, where eligible part-time staff, whose pensions are integrated with social welfare benefits, retire from part-time service their occupational pensions will be calculated on the basis of notional full time salary and pro-rata service, where actual service worked is expressed as a proportion of full-time attendance. The revised arrangements also include a change in the method by which integrated occupational pensions are computed. The overall effect of these changes will be to improve occupational pensions for many part-time staff.

The revised arrangements are effective in the main from 1 September 2001 for staff in service on that date; however the change in the method by which integrated pensions are computed is [1025]effective from 1 January 2004. My Department will continue to provide information and guidance to Vocational Education Committees as they administer the revised arrangements.


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