Written answers
Tuesday, 19 July 2011
Department of Social Protection
Pension Provisions
10:00 pm
Paudie Coffey (Waterford, Fine Gael)
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Question 283: To ask the Minister for Social Protection if, in the case of a person (details supplied) in County Waterford, they will be able to draw down their pension; the value of that pension; and if she will make a statement on the matter. [21275/11]
Joan Burton (Dublin West, Labour)
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It is understood that the pension scheme concerned is an integrated pension scheme whereby the total pension is comprised of a State pension element and an occupational pension element.
In relation to the occupational pension element, a person should contact the trustees of the pension scheme to ascertain the expected level of pension benefits. In relation to State pension, the person concerned is not of pension age and therefore, it is not possible to forecast his future State pension entitlement. However, the individual can request a copy of his contribution record to date from the Records Section of this Department which may assist him in assessing his possible entitlements and what future work pattern would be required.
As provided for in recent legislation, the State pension transition will be abolished in 2014 and State pension age will be standardized at age 66. In 2021, the State pension age will be increased to 67 and finally in 2028, State pension age will be increased to 68.
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