Pension products

Overview

This section outlines different types of pension products and provides some details specific to each of them.

Personal pensions and occupational pensions are taxable sources of income. Pension benefits are subject to Income Tax and Universal Social Charge (USC). Some pensions will be subject to Pay Related Social Insurance (PRSI) depending on the personal circumstances of the pensioner. Your pension provider will deduct the tax from each payment it makes to you. For further information on how pensions are taxed, please see Taxation of pensions.

You can get tax relief on the contributions you pay into your pension. For further information on tax relief, please see Tax relief on pension contributions.

You should direct all queries related to pension products to your pension provider.

Next: Occupational pension schemes