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At present, there are a number of Superannuation Schemes in operation for staff members of Tipperary ETB, namely:
- The Education and Training Boards Teachers Superannuation Scheme (for teachers employed by Tipperary ETB);
- The Education Sector Superannuation Scheme (for all other staff employed by Tipperary ETB);
- The Single Public Service Pension Scheme (SPSPS) for all pensionable first-time entrants to the public service, including former public servants returning to the public service after a break of more than 26 weeks.
The Education and Training Board Teachers and the Education Sector pension schemes are defined benefit schemes i.e. final salary defined benefit schemes which give a pension based on service and final pensionable remuneration (salary).
The Single Public Service Pension Scheme is a defined benefit, career average Scheme. Career average earnings are used to calculate benefits (a pension and lump sum amount accrue each year and are up-rated each year by reference to CPI).
Downloads:
Education and Training Board Teachers Superannuation Scheme |
S.I. 292 of 2015 Education and Training Board Teachers Superannuation Scheme 2015 |
Education Sector Superannuation Scheme |
S.I. 290 of 2015 Education Sector Superannuation Scheme 2015 |
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