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Transition to Additional Superannuation Contribution (ASC ...

D02 R583,D02 R583,Circular Title: Transition to Additional Superannuation Contribution (ASC) from Pension Related Deduction (PRD) in the Public Service on 1 January 2019 File Reference: P018-028-2018 To: Govern ment Departments and Public Service employers I am directed by the Minist er fo r Public Expenditure and Refo rm to advise of the Transition to ASC from PRD and to set out re levant inst ru ctions. Circular Number: Ci rc ular 21/2018 Circular Application: All Public Service Employees who are members of a Public Serv ice Pensi on Scheme, re ceive a payment in lieu of pensi on or re ceive an ex-gratia retirement gratuity on retirement All Public Service employers All Accounting Officers Date: 12 December 2018 Purpose: To ensure the consi st ent application o f the Additional Superannuation Contri bution ac ross al l Public Serv ice Bodie s Relevant Legislation: Public Service Pay & Pensi ons Act 2017 ( the Act ) Status: This

payments, payment of a relevant benefit as defined in the Act e.g. an ex-gratia retirement gratuity (on an ... The main public service employer shall, following receipt of a statement from the subsidiary employer (ASC60)6, carry out an “end-of-year” balancing mechanism. The

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