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Payment of additional superannuation contribution for 2021 and subsequent years
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35. (1) This section applies to a person—
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(a) who—
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(i) is a public servant on 1 January 2021, or
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(ii) is not a public servant on that date but after that date is appointed or otherwise becomes a public servant,
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and
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(b) who, on 1 January 2021 or at any time afterwards, is a member of a public service pension scheme.
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(2) In this section, a person to whom this section applies is referred to as a “relevant person”.
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(3) In the case of the year 2021 and each subsequent year, the contribution shall be payable—
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(a) by a relevant person who is a member of a standard accrual pension scheme as follows:
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(i) where the pensionable pay of the person for the year is less than or equal to €60,000, at the rate of 10 per cent of the amount by which the pensionable pay of that person exceeds €34,500;
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(ii) where the pensionable pay of the person for the year is greater than €60,000, at the rate of €2,550 plus 10.5 per cent of the amount by which the pensionable pay of that person exceeds €60,000,
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(b) by a relevant person who is a member of a fast accrual pension scheme as follows:
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(i) where the pensionable pay of the person for the year is less than or equal to €60,000, at the rate of 10 per cent of the amount by which the pensionable pay of that person exceeds €28,750;
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(ii) where the pensionable pay of the person for the year is greater than €60,000, at the rate of €3,125 plus 10.5 per cent of the amount by which the pensionable pay of that person exceeds €60,000,
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and
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(c) by a relevant person who is a member of the Single Public Service Pension Scheme as follows:
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(i) where the pensionable pay of the person for the year is less than or equal to €60,000, at the rate of 3. 33 per cent of the amount by which the pensionable pay of that person exceeds €34,500;
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(ii) where the pensionable pay of the person for the year is greater than €60,000, at the rate of €849.15 plus 3.5 per cent of the amount by which the pensionable pay of that person exceeds €60,000.
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