Notional Service Scheme

Description

Notional Service is a scheme that allows serving teachers who will have less than 40 years pensionable service at retirement aged 60 or 65 (65 years of age only in the case of a new entrant and teachers who are not new entrants have an additional option to purchase to age 60 ) to purchase certain additional pensionable service.

The additional service purchased is treated as actual service in calculating pension and lump sum entitlements.

It is important to note that notional service purchased cannot be counted to reach the eligibility threshold for retirement under the 35/55 year rule. Teachers are requested to familiarise themselves with Department Circular 129/2006 and the General information note : Purchase of Notional Service

How to Apply

To apply for a notional service quotation, please complete the Form NSQ1 and return to:

Notional Service, Pension Unit, Department of Education and Skills, Cornamaddy, Athlone, County Westmeath, N37 X659

Please note:
  1. If you are in the Single Pension Scheme ( employed after 1st Jan 2013) you cannot purchase notional service.
  2. If you are a new entrant ( anyone who commenced after 1st April 2004 ) you can only purchase to age 65.
  3. All quotations for notional service are based from your next Birth date.