24.01.2015 Views

09 May 2013 TERMS & CONDITIONS AND ... - Defence Forces

09 May 2013 TERMS & CONDITIONS AND ... - Defence Forces

09 May 2013 TERMS & CONDITIONS AND ... - Defence Forces

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

It should be noted that the payment including the rate of payment of these<br />

allowances are subject to review and adjustment on an ongoing basis in<br />

accordance with changes applicable as per Government policy.<br />

NOTE FOR FUTURE C<strong>AND</strong>IDATES<br />

These conditions apply for the <strong>2013</strong> Cadetship Competition only and are due for<br />

review in advance of any future competition.<br />

Annex ‘B’ to Information and Rules Cadetships in the <strong>Defence</strong> <strong>Forces</strong> <strong>2013</strong><br />

OCCUPATIONAL PENSION BENEFITS<br />

As a commissioned officer in the Permanent <strong>Defence</strong> Force, your retirement<br />

(superannuation scheme) benefits depend firstly on the date you join the <strong>Defence</strong><br />

<strong>Forces</strong> – see further details in paragraphs (a) and (C) below. The main benefits under<br />

the PDF pension schemes are:<br />

an occupational pension,<br />

a retirement gratuity (lump sum) or death in service gratuity, and<br />

spouses’ and children’s contributory pensions.<br />

(a) For serving <strong>Defence</strong> <strong>Forces</strong> personnel who joined before April 2004<br />

In the case of successful candidates from this competition who:<br />

are already serving in the <strong>Defence</strong> <strong>Forces</strong> having enlisted before 1<br />

April 2004; and<br />

<br />

are discharged and immediately re-enlisted for a cadetship,<br />

they will, on appointment to commissioned rank, have the same defined<br />

benefit pension scheme terms as other <strong>Defence</strong> <strong>Forces</strong> officers who joined on<br />

or after 6 April 1995 and before April 2004. Their retirement benefits are<br />

based on retiring rank, service in rank and overall pensionable service.<br />

Benefits are payable immediately on retirement after relatively short periods<br />

of service and regardless of age. The qualifying period for maximum benefits<br />

varies with rank and service, and can be achieved some years before normal<br />

retirement age. As full PRSI contributors, their personal and dependants’<br />

benefits areintegrated with the Social Insurance code in line with standard<br />

public service pension arrangements.<br />

(b) For those who joined on or after 1 April 2004 and before 1 January <strong>2013</strong><br />

Under the Public Service Superannuation (Miscellaneous Provisions) Act<br />

2004 revised pension arrangements apply to all military personnel joining the<br />

PDF as new entrants between 1 April 2004 and 31 December 2012. This<br />

<strong>09</strong> <strong>May</strong> <strong>2013</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!