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Employee's pension contributions

  1. Overview
  2. Types of pension contributions
  3. Personal Retirement Savings Account (PRSA)
  4. Pan-European Personal Pension Products (PEPPs)
  5. Retirement Annuity Contracts (RACs)

Pan-European Personal Pension Products (PEPPs)

A PEPP is a long-term personal pension product designed to assist people to save for their retirement. The Central Bank of Ireland is the Competent Authority in Ireland for PEPPs and approves PEPP products.

You may deduct PEPP contributions from your employee's gross pay under a net pay arrangement when calculating their tax. Otherwise, your employee can claim tax relief directly from Revenue. This will be given as a tax credit on their Revenue Payroll Notification (RPN).

You should not deduct PEPP contributions from your employee’s gross pay when you are calculating the following:

Next: Retirement Annuity Contracts (RACs)

Published: 22 September 2023 Print this page

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