Circular Letter 27 of 2014
| Purpose | This Circular Letter notifies of changes to the Standard Fund Threshold effective from 1 January 2014. It explains, with worked examples, how benefits are to be valued at the time of retirement and the necessary checks that must be undertaken where a member claims benefits from a Pension Scheme. It also outlines, for exceptional cases where overall benefits exceed the relevant Fund Thresholds, how tax should be calculated and accounted for by bodies. |
| Document Name | Circular Letter 27 of 2014 |
| Date of Issue | 27 June 2014 |
(PDF, 467KB)