ISME’s note for the attention of Minister Donohoe on Pensions Equity and attached paper

ISME wrote to Minister Donohoe at the Department of Finance on the 29th of September on the subject of pension equity. See the letter below:

ISME Note to Minister DFIN re Pensions Equity

The paper referenced is self-explanatory in setting out the very material differences that exist between public and private pension savers in terms of form of scheme (DB or DC); relative risk exposures; methods of levy of chargeable excess tax; additional superannuation contribution; encashment options, valuation multipliers; calculation of fund thresholds; tax treatment of additional voluntary contributions; fiscal burden and earnings cap.

The paper can be read in full here:

A Levelling of the Pensions Taxation Playing Field in Ireland to Everyones Benefit - Final 25.09.2021