ASC Thresholds and Rates

There are two different sets of rates depending on the pension scheme applicable to an employee:

Rate 1: Single Public Service Pension Scheme (“Single Scheme”) – in general, new entrants to the Public Service on or after 1 January 2013.


Rate 2: Standard Accrual members of Pre-2013 Public Service Pension Schemes (pre-existing schemes).

Main Employer Thresholds & Rates 2020 & 2021
Annual Threshold  Monthly Threshold                     Weekly Threshold                        Rate 1 Rate 2
First €34,500    First €2,875 First €663.46 0% 0%
Next €25,500 Next €2,125 Next €490.38 3.33% 10.0%
Over €60,000 Over €5,000  Over €1,153.84 3.5% 10.5%
Subsidiary Employer Threshold & Rate 2020 & 2021
Annual Threshold Monthly Threshold                     Weekly Threshold                        Rate 1 Rate 2
All Pensionable Earnings All Pensionable Earnings All Pensionable Earnings

3.5%

10.5%

 

ASC Thresholds & Rates 2019

 

Main Employer Thresholds & Rates 2019

Annual Threshold 

Monthly Threshold     

Weekly Threshold      

Rate 1

Rate 2

First €32,000 First €2,666 First €615.38 0% 0%
Next €28,000 Next €2,333 Next €538.46 6.66%    10%
Balance     7% 10.5%