Company Pension Plans

A company pension is a pension plan for all employees which is set up by the employer and where the employer makes payments into it on behalf of employees.

Clear Executive from Irish Life

Irish Life Executive Pension plans are simply company pensions that help you build up a fund for your retirement.

Benefits

Four great reasons to choose Clear Executive Company Pension from Irish Life.

1. Choice

With our executive pension plans, we offer a range of fund options depending on how you (the member) want to save for your retirement.

2. Security

We offer two different strategies which gradually increase the security of your pension funds as you get closer to retirement. This is done by gradually moving from higher risk funds to safer options such as cash funds and bonds.

3. Flexibility

The trustee can choose your level of contribution (subject to a minimum amount per month) and you have the option to increase or reduce it at any time. You can contribute lump sums each year instead of (or as well as) regular contributions if you prefer, and you can even take a payment holiday if you need to.

4. Tax relief

You will get income tax relief and your employer will get corporation tax relief on payments made into a Clear Executive Plan. However pension income in retirement is subject to income tax relief, Universal Social Charge and PRSI if applicable. Correct as at August 2014.

Tax information is current and could change in the future.

Warning: The value of your investment may go down as well as up.
Warning: If you invest in this product you may lose some or all of the money you invested.
Warning: If you invest in this product you will not have access to your money until age 60 and/or you chose to retire.
Warning: This product may be affected by changes in currency exchange rates.