S.I. No. 48/2014 - Director of Public Prosecutions Superannuation Scheme 2014.

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S.I. No. 48/2014 - Director of Public Prosecutions Superannuation Scheme 2014.

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Notice of the making of this Statutory Instrument was published in
“Iris Oifigiúil” of 7th February, 2014.
I, ENDA KENNY, Taoiseach, in exercise of the powers conferred on me by section 2 (8) (b) (i) of the Prosecution of Offences Act 1974 (No. 22 of 1974) and after consultation with the Minister for Public Expenditure and Reform, hereby make the following scheme:
Title
1. This Scheme may be cited as the Director of Public Prosecutions Superannuation Scheme 2014.
Commencement
2. This Scheme shall be deemed to have come into operation on 8 November 2011.
Definition
3. in this Scheme—
“Director” means the Director of Public Prosecutions;
“member” means, in relation to this Scheme, the person who was appointed to the office of Director with effect from 8 November 2011;
“Superannuation Acts” means the Superannuation Acts 1834 to 1963 and any other enactment or administrative measure for the like purpose and to the like effect as the Superannuation Acts 1834 to 1963, and whether of general or limited application.
Time of Retirement
4. For the purposes of this Scheme and, in particular, the benefits specified in paragraph 5 the member of this Scheme shall retire with effect from 7 November 2021.
Benefits
5. (1) The superannuation benefits payable to, or in respect of, the member of this Scheme shall be those which would be payable to, or in respect of, the member under the Superannuation Acts if she were an established civil servant, appointed before 6 April 1995, with 40 years pensionable service and had reached normal retirement age.
(2) The benefits payable to, or in respect of, the member of this Scheme arising from death in service or retirement on ill health grounds shall be those which would be payable to, or in respect of, the member under the Superannuation Acts based on her service as a civil servant prior to 8 November 2011 and her service as Director.
(3) Where the member of this Scheme resigns from the position of Director prior to 7 November 2021 she will be entitled to a preserved pension and lump sum upon attaining the age of 60 years.
(4) The amount of the preserved pension and lump sum referred to in subparagraph (3) shall be calculated as provided for in the Superannuation Acts based on the member’s service as a civil servant prior to 8 November 2011 and service as Director.
(5) For the purpose of calculating the benefits referred to in subparagraph (2) and the entitlements referred to in subparagraph (3) each year of service, or part thereof, as Director shall be multiplied by 2.2101.
GIVEN under my Official Seal,
4 February 2014.
ENDA KENNY,
Taoiseach.

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