Page 191 - Active Retirement Ireland 2015_
P. 191
ALLOWANCES &
ENTITLEMENTS
State Pension (Transition)
From 1 January 2014 the State Pension (Transition)
is no longer paid to new applicants. This means that
there is a standard State Pension age of 66 years for
everyone.
The qualifying age rose to 66 in 2014 and will rise to
67 in 2021 and 68 in 2028. So:
• If you were born on or after 1 January 1948 the
minimum qualifying State pension age will be 66
(because the State Pension (Transition) will no
longer be paid).
• If you were born on or after 1 January
1955 the minimum qualifying State pension
age will be 67.
• If you were born on or after 1 January 1961 the
minimum qualifying State pension age will be 68.
State Pension (Contributory)
State Pension (Contributory) Rates from 1 January 2014
The rates below applies only to claimants, who reach pension age, for State Pension (Contributory) from 1 September
2012. It does not affect anyone receiving a State Pension before this date.
Yearly Average Personal Rate Increase for Qualified Increase for Qualified
Contributions Per Week
Adult Aged under 66 Adult Aged 66 or Over
48 or over €230.30
40 - 47 €225.80 Rate per Week Rate per Week
30 - 39 €207.00 €153.50 €206.30
20 - 29 €196.00 €146.00 €196.00
15 - 19 €150.00 €139.00 €186.00
10 - 14 €92.00 €130.00 €175.00
€100.00 €134.00
€61.00 €83.00
Active Retirement Ireland 189
ENTITLEMENTS
State Pension (Transition)
From 1 January 2014 the State Pension (Transition)
is no longer paid to new applicants. This means that
there is a standard State Pension age of 66 years for
everyone.
The qualifying age rose to 66 in 2014 and will rise to
67 in 2021 and 68 in 2028. So:
• If you were born on or after 1 January 1948 the
minimum qualifying State pension age will be 66
(because the State Pension (Transition) will no
longer be paid).
• If you were born on or after 1 January
1955 the minimum qualifying State pension
age will be 67.
• If you were born on or after 1 January 1961 the
minimum qualifying State pension age will be 68.
State Pension (Contributory)
State Pension (Contributory) Rates from 1 January 2014
The rates below applies only to claimants, who reach pension age, for State Pension (Contributory) from 1 September
2012. It does not affect anyone receiving a State Pension before this date.
Yearly Average Personal Rate Increase for Qualified Increase for Qualified
Contributions Per Week
Adult Aged under 66 Adult Aged 66 or Over
48 or over €230.30
40 - 47 €225.80 Rate per Week Rate per Week
30 - 39 €207.00 €153.50 €206.30
20 - 29 €196.00 €146.00 €196.00
15 - 19 €150.00 €139.00 €186.00
10 - 14 €92.00 €130.00 €175.00
€100.00 €134.00
€61.00 €83.00
Active Retirement Ireland 189
