Results 61-65 of 65 for prsa speaker:Michael Noonan

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Written Answers — Pension Provisions: Pension Provisions (15 Nov 2011)

Michael Noonan: ...on pension accrued to date. Of course, if the trustees of the scheme have not yet decided whether to reduce benefits, no change would be shown. I further understand that there is no obligation on PRSA providers or on defined contribution scheme trustees to inform contributors specifically of the effect of any reduction in pension fund values on foot of the pension fund levy but that the...

Written Answers — Pension Provisions: Pension Provisions (21 Jul 2011)

Michael Noonan: ...to all pension scheme members including holders of Buy Out Bonds, as an alternative to annuity purchase. In the case of Retirement Annuity Contracts (RACs) and Personal Retirement Savings Accounts (PRSAs), as an alternative to purchasing an annuity, the holders of such pension plans can, under the Approved Retirement Fund regime, exercise an option to take the remainder of their pension...

Written Answers — Tax Code: Tax Code (30 Jun 2011)

Michael Noonan: ...limited to, the following areas: ·Low paid income earners; ·Persons over 65; ·Medical Card Holders; ·Widows/Widowers; ·Self-employed; · Public Service Pensioners; ·Employer contribution to PRSA; and ·Any other issues (including any operational issues that have arisen in the administration of the charge). When the review is completed and the findings are presented to me, I will make...

Written Answers — Tax Collection: Tax Collection (16 Jun 2011)

Michael Noonan: ...On the question of the transfer of pension funds abroad generally, provision does exist in Irish legislation for the transfer of an occupational pension scheme member's pension fund benefits or a PRSA contributor's PRSA assets to an overseas arrangement. Such transfers are, however, subject to all of the relevant conditions being met. In that regard, such transfers have, in the first...

Written Answers — Pension Provisions: Pension Provisions (12 May 2011)

Michael Noonan: ...benefit-in-kind. The USC also applies to a person's aggregate income before granting relief in respect of pension contributions, including contributions to a personal retirement savings account (PRSA), a personal pension plan, additional voluntary contributions or a retirement annuity contribution. For the purposes of determining the overall contribution to a PRSA, the amount contributed...