Pensions Services and Pension Scheme Information

The Pensions Section is responsible for the administration of all aspects of the Pension Schemes which are in operation in the Institute. The range of services we provide include the following:

  1. Calculating superannuation awards for retiring staff (and for eligible surviving dependant after the death of a scheme member)
  2. Providing pension estimates to retirement dates (This includes estimates to a voluntary early retirement date, compulsory retirement date, for death in service, grounds of ill health retirement and cost neutral early retirement)
  3. Providing quotations on the cost of purchasing notional service.
  4. Transferring previous public sector service to DIT and to other bodies. 
  5. Processing applications under the Professional Added Years scheme.
  6. Providing courses to help scheme members plan for retirement.
  7. Reckoning pre entry service (i.e. part time and temporary wholetime service given prior to admission to the scheme).
  8. Providing information on request to scheme members.
  9. Enforcing and administering pension adjustment orders.
  10. Providing information on entitlements to staff members at cessation of employment (refunds of contributions, transferring service out, calculating preserved benefit awards).
  11. Issuing annual benefit statements to staff members.

Explanatory leaflets on the scheme are also available by clicking here

To contact the Pensions Team please email pensions@dit.ie or contact a member of the Pensions Team

General Information on DIT's Pension Schemes

Education Sector Superannuation Scheme

The Education Sector Superannuation Scheme (ESSS) is a ‘pay as you go’ public sector scheme. It is a defined benefit scheme. This means that superannuation awards are based on years of service and final salary.

The ESSS consists of a main scheme and a Spouses’ and Children’s Scheme. Contributions are payable as follows:

Scheme Staff Paying D Rate PRSI Staff Paying A Rate PRSI
Main Scheme 5% of gross pay 3.5% of net pay*
1.5% of gross pay
Spouses’ & Children’s Scheme 1.5% of gross pay 1.5% of gross pay

The main benefits of the scheme are retirement and death benefits. At retirement, scheme members will receive a superannuation award consisting of a tax free lump sum and an annual pension. Staff, who are considered to be existing entrants, may retire any time after their 60th birthday. Subject to eligibility staff may now also avail of the option to take Cost Neutral Early Retirement from the age of 50 (details of this option are also available on this website). Under the terms of the scheme the compulsory retirement age is 65 for officers and 66 for non officers. As such scheme members must retire on the 31st August following their 65th or 66th birthday as appropriate.

However, in the case of new entrants, the minimum retirement age is 65 and staff members deemed to be new entrants may avail of Cost Neutral Early Retirement from age 55 only.

Under the Public Service Superannuation (Miscellaneous Provisions) Act 2004, the standard minimum retirement age for new entrants i.e. those who join the public sector on or after 1st April 2004, was been raised from 60 to 65, and the link for new entrants between age and compulsory retirement in the Institute has been abolished.

Generally, a new entrant is a staff member who commenced employment in the public sector (or who recommenced service following a 26 weeks break in service) after 1st April 2004.

The Single Pension Scheme

The Single Scheme was introduced for new entrants who joined the public sector for the first time on or after 1st January 2013. It is 'a pay as you go' scheme based on career averaging. Pension awards are based on referrable amounts for pension and lump sum accrued for each year of service combined and uprated with annual CPI increases.

Contributions to the Single Scheme are payable at 3.5% of nett pay and 3.00% of gross pay. The minimum retirement age for Single Scheme Members is age related and linked to the qualifying age for the State Contributory Pension which is 66, 67 or 68. FThe maximum retirement age is 70. Further information the qualifying age for the State Contributory Pension can be obtained from the Social Protection Website

The Single Scheme rules are set out in the Public Service Pensions (Single Scheme and Other Provisions) Act 2012 (“2012 Act”), with additional information available on the Department of Public Expenditure and Reform (DPER) website at www.singlepensionscheme.gov.ie

Back to Top

     Find us on Facebook      Follow us on Twitter      Follow us on LinkedIn

Member of the European University Association