-
Courses
Courses
Choosing a course is one of the most important decisions you'll ever make! View our courses and see what our students and lecturers have to say about the courses you are interested in at the links below.
-
University Life
University Life
Each year more than 4,000 choose University of Galway as their University of choice. Find out what life at University of Galway is all about here.
-
About University of Galway
About University of Galway
Since 1845, University of Galway has been sharing the highest quality teaching and research with Ireland and the world. Find out what makes our University so special – from our distinguished history to the latest news and campus developments.
-
Colleges & Schools
Colleges & Schools
University of Galway has earned international recognition as a research-led university with a commitment to top quality teaching across a range of key areas of expertise.
-
Research & Innovation
Research & Innovation
University of Galway’s vibrant research community take on some of the most pressing challenges of our times.
-
Business & Industry
Guiding Breakthrough Research at University of Galway
We explore and facilitate commercial opportunities for the research community at University of Galway, as well as facilitating industry partnership.
-
Alumni & Friends
Alumni & Friends
There are 128,000 University of Galway alumni worldwide. Stay connected to your alumni community! Join our social networks and update your details online.
-
Community Engagement
Community Engagement
At University of Galway, we believe that the best learning takes place when you apply what you learn in a real world context. That's why many of our courses include work placements or community projects.
NUI Galway Group AVC Scheme
NUI Galway Group AVC Scheme
AVCs
As a member of the University of Galway Pension Scheme, you have taken the first steps to provide for your financial future. When you retire, you will expect to maintain the same standard of living, yet you will have more time to spend with your family, to go on exotic holidays and so on.
The maximum amount that may be paid is a % of remuneration, less your current rate of contribution to pension/pension arrears/Group life cover/existing purchase of notional years/AVC’s. Also it depends on the employee's age at 31st December XXXX e.g. if you attained age 30 by the 31st. December 2020 then you may pay up to 20% of your 2020 remuneration as a single premium AVC.
Under 30 15%
30-39 20%
40-49 25%
50-54 30%
55-59 35%
60 and over 40%
This above represents the maximum contribution on which you may receive a tax credit in any year, and is subject to earnings cap of €115,000 and Standard Fund Threshold of €2.0m.
Your payslip available on ESS provides the University of Galway salary and deduction (pension/pension arrears/Group life cover/existing purchase of notional years/AVC’s) values to calculate the potential AVC amount.
Details on how staff can submit a claim for tax relief on AVCs (Additional Voluntary Contributions) through myAccount : AVC claims in myAccount
AVC Investment Funds Booklet
Sustainable Investment & Preferences Guide
For all AVC queries please CONTACT:
Eoghan Griffin (ACII QFA) Mobile: 086 1742356 or 087 3580707 Email: Eoghan.griffin@newireland.ie
New Ireland Assurance, 3rd Floor, Unit 7 Dockgate, Dock Road, The Docks, Galway, H91 V2FE www.newireland.ie
NUI Galway (University of Galway) Group AVC Plan Application Form
NEW IRELAND PSOL (Pension Scheme On Line)
Pensions Onlineis a secure, password-protected website from New Ireland Assurance, where you can view up to date information on your pension, including payments you’ve made, fund values and choice of funds. It forms part of our ongoing efforts to provide you with the information you need to get the most out of your pension.
Research* shows that we are now living much longer, men to age 78 and women to age 82.3, which means we will need more income in retirement. (*CSO Statistical yearbook of Ireland 2010).
Pensions Online Guide
New Ireland Brochure Approaching Retirement Jan 2015
Investment Funds
Responsible Investment Policy
ESG (Environmental Social Governance)
PRIME FUNDS
PRIME Range_Why Recommend PRIME Funds
iFunds Quarterly Report Q2 2021
Group Pension Quarterly Report Q2 2021
Pension Consensus Member Update Flyer
Changes to New Ireland's IRIS & Passive IRIS Lifestyle Funds
LIVE ACCESS TO FUNDS - Live link updated daily:
http://www.newireland.ie/pensions/investment-choice-and-performance/
IRIS FUNDS
https://www.newireland.ie/irisfunds/iris/
https://www.newireland.ie/irisfunds/passive-iris/
https://www.newireland.ie/irisfunds/passive-iris/
https://www.newireland.ie/irisfunds/iris/
University of Galway Investment Choice Members Guide:
https://www.newireland.ie/view-document/106388-NUIG_Investment_Choice_Members.pdf
https://www.newireland.ie/pensions/im-a-public-sector-employee/
UPDATES ON COVID 19
Active IRIS COVID19 Update link : https://www.newireland.ie/wp-content/uploads/pdfs/303932_Active_IRIS_update_v1.03.20_(1190080)_(1).pdf
Passive IRIS COVID-19 Update link: https://www.newireland.ie/wp-content/uploads/pdfs/303933_Passive_IRIS_update_v1.03.20_(1190080)_(1).pdf
iFunds COVID19 Update link: https://www.newireland.ie/view-document/106136-303934_iFunds_COVID_19_Update_V1.04.20_(1191160).pdf
AVC Charging Structures
Charging Structure for Regular Contributions
Charging Structure for Lump Sum Contributions