Pension products

Occupational pension schemes

Retirement age

The retirement age range for occupational pension schemes is between the ages of 60 and 70. You may retire early, for example, between the ages of 50 and 60. If so, you must leave your employment when you start receiving benefits.

You should direct all queries relating to your occupational pension scheme to the administrators of the pension scheme.

You should direct all queries related to Additional Voluntary Contributions (AVCs)  to the:

  • AVC provider
  • or
  • administrator of the linked occupational pension scheme.


All occupational pension schemes relating to the same employment, including AVCs, must be taken at the same time.


You can find the Death-in-service rules for occupational pension schemes in Pension Manual Chapter 10.

Transfer of occupational pension schemes

Prior to January 2022, transfers were permitted by occupational pension scheme members who had less than 15 years' service.

From 01 January 2022, you may transfer your occupational pension scheme benefits to Personal Retirement Savings Accounts (PRSAs). The transfer can occur without regard to the length of time you have been a member of the pension scheme.

Next: Personal Retirement Savings Accounts (PRSAs)