Ireland Day 2

The Normal Retirement Age (NRA) should be between

• 60 - 70

• 65 - 70

• 65 - 66

• 55 - 65

It is necessary for the ER to set up a PRSA for a member who is not a part of the pension scheme after 6 months. True or False

• True

• False

PAO stands for

• Pension Attachment Order

• Pension Adjustment Order

Contingent benefits are paid at the death of a member who is still active in the scheme. True or False

• True

• False

Earmarking, splitting and transferring are 3 options that can be worked upon at the time of Divorce. True or False

• True

• False

Each member benefit requires a separate Pension Adjustment Order. True or False

• True

• False

The maximum contribution a member can make is age related and subject to a capping limit of 115,000. True or False

• True

• False

The limit on contributions is based on remuneration and not basic salary. True or False

• True

• False

Disclosure regulations are 3 Wh questions of

• Who, What and When

• Who, What and Where

• Who, Whom and When

• Who, When and Where

A member should be provided with leaving options, within_____ notification of leaving or Date of Leaving whichever is later

• 2 months

• 3 months

• 4 weeks

• 1 month