Pension Fund thresholds (applicable to the value of the funds on 7th December 2010)
New Standard Fund threshold (SFT) €2,300,000
Maximum pension lump sum €575,000
of which the maximum tax free lump sum is €200,000
(the remaining lump sum is taxable at the standard rate)
For individuals whose fund values were greater than €2.3m at 7th December 2010 they may apply for a Personal Fund Threshold. For details contact our office.
Earnings for tax relief limits
Earnings Limit for 2010 €150,000
Earnings Limit for 2011 €115,000
Age Related contribution limits
% of net relevant earnings
Under 30 15%
30-39 20%
40-49 25%
50-54 30%
55-59 35%
60-75 40%
Maximum occupational contributions as a percentage of salary per annum
Age Retirement Age 60 Retirement Age 65
Male Female Male Female
30 72% 67% 54% 49%
35 86% 80% 63% 58%
40 108% 100% 76% 69%
45 144% 133% 95% 86%
50 216% 200% 126% 115%
Approved Retirement Fund
AMRF requirements €119,800
Specified Income €18,000 p.a
Imputed distribution rate from 2010 onwards 5%