ARCO has received the following communication from Pensions Section of the Department of Defence: Message about when the benefit of the recently approved Building Momentum* increases will be implemented for military pensions As indicated by the Minister for Defence at the Foreign Affairs and Defence Select committee last Thursday 10 November, work is underway to […]
Tag Archives: Pensions
10
Sep
Sep
The Minister for Public Expenditure and Reform, Michael McGrath TD, has secured government approval for proposals to extend the current public service pay agreement, Building Momentum, to the end of 2023. Subject to ratification, the proposals will see a 3% increase in pay for public sector workers, backdated to 2 February 2022, a 2% increase […]
04
Oct
Oct
Pensions and pension related issues remain a key focus of the EXCOM’s endeavours on behalf of the members of ARCO. On 28 September 2021, following a request from the EXCOM in advance of ARCO’s Annual General Meeting, Finance Branch of the Department of Defence provided a comprehensive update on the current position and time-frame for […]
04
Aug
Aug
Payment of Military Pensions With data provided by the Department of Defence’s Pensions Administration Section, the National Shared Services Office (NSSO) is responsible for the actual payment of military pensions. Payslips The NSSO has advised ARCO that following the transition to a new banking arrangement, the date now displayed on members’ payslips on the Core […]
03
Mar
Mar
On 01 February, ARCO requested from the Department of Defence: Information on the mechanisms by which Defence Forces personnel who retired prior to 28 February 2012, and whose annual military pensions (excluding Public Service Pension Reduction) is now less than the equivalent rank or grade, will receive the 2% increase in their respective military pensions […]
23
Feb
Feb
ARCO’s Objectives Whereas significant progress has been made in recent years on our Membership Campaign, on our Mentoring and Networking Projects, on our Website, coupled with the launching of our Social Media Platforms, the subject of Pensions remains a key objective of our Association. Independent Public Service Commission Report Arising from the Independent Public Service […]
21
Sep
Sep
On 17 September 2020, the Department of Public Expenditure and Reform released Circular 13/2020 to Government Departments’ HR Managers / Personnel Officers. The Circular provides guidance on the application of the Pensions Benefit Cap, arising from the Single Pensions Act 2012. The Circular is of significant relevance to those Defence Forces Veterans in receipt of […]
17
Nov
Nov
Department of Public Expenditure and Reform: Information Note ARCOIreland is a proactive member of the Alliance of Retired Public Servants. Following a request from the Alliance, the Department of Public Expenditure and Reform has provided an Information Note in relation to the amelioration of the Public Service Pension Reduction, and the application of the pension […]
28
Jun
Jun
Notification from Department of Defence to ONE, IUNVA and ARCOIreland Re: June 2019 military pension payslips A Chairde, You may be aware that there is a problem with the monthly payslips issued this morning to military pensioners by our payroll provider NSSO (National Shared Services Office). NSSO have assured us that the correct monthly amounts […]
The Contributory Pension Scheme for Spouses and Children is a scheme which provides pensions for the spouse and/or dependent children of an officer, or the dependent marital children of an officer who dies in service, or after qualifying for pension. There are two Contributory Spouses and Children’s Pension Schemes: The Original Scheme and the […]