Application for retirement Voluntary or Compulsory - Pension Form RET-P1

• Published date: 23 October 2019
• Issuer: Department of Education

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Information Note for

Payment of Retirement Benefits Teaching Staff (RET1)

 Please select your retirement type, and enter your date of retirement.

 This section must be completed by the Manager/Chairperson of your Schools Board of

Management. This section does not need to be completed, if you are submitting an application for

Preserved Pension Benefits only.

 Please read this information note carefully before completing your retirement application form.

Part 1 Your Personal Details

 In order to enable processing of your application for retirement benefits in a timely manner, please

return completed application form to the Department of Education three months in advance of your

chosen retirement date.

 Please complete all contact details and personal information.

 We will communicate with you primarily through email. Please ensure that the email address you

provide will be active after your retirement.

Part 2 Employer declaration

Part 3 Retirement Type

Part 4 Your Service and Service History

 Outline details of your teaching/education service and additional details in relation to service.

Additional information may be outlined on a separate sheet which must be attached to Form RET1.

 Question 18: Outline details of your teaching qualifications, including the years in which you

received your qualifications.

 Question 28: Actual Service: Have you applied to purchase a period of “actual service”? This refers

to periods of teaching service that have not been paid for or perhaps were not previously

pensionable (service before you joined the pension scheme (e.g. substitute service, part time

service, PCW whole-time service prior to joining the pension scheme).

 Question 29: Notional Service: Are you purchasing additional service known as Notional Service?

If you are purchasing this service there will be a deduction on your payslip called “CPSN”.

 Question 31, 32: Have you given any other pensionable public service or do you retain benefit from

any public sector pension scheme?

 Question 33, 34: Additional Voluntary Contributions (AVCs). AVCs are provided by private

companies. If you have an AVC and wish to affect a transfer value (purchase additional service or

pay for any outstanding deductions) this Department recommends that you first consult with your

AVC provider. To ensure payment of pension benefits in a timely manner, you must inform the

Department of Education, Pension Unit, Cornamaddy, Athlone, County Westmeath, in advance of

your retirement date that you intend to transfer your AVCs. There is no facility to transfer an AVC

once payment of lump sum has been made. If you wish to transfer funds please provide a separate

letter stating clearly that you wish to affect a transfer value of your AVC fund.