Revenue eBrief No. 173/23

27 July 2023

Revenue Pensions Manual - Chapter 10 updated

Revenue Pensions Manual Chapter 10, which deals with benefits on death-in-service, has been updated in paragraph 2.

This is to clarify that, where a pension scheme member dies in service, the deceased member's benefits (after taking a tax-free lump sum) can be paid as an annuity or transferred into an Approved Retirement Fund. However, the scheme cannot pay the balance of the benefits as a taxable lump sum to the surviving spouse, civil partner or dependent.