FINANCIAL POLICY & PROCEDURES MANUAL Award of Added Years

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Ollscoil na hÉireann, Gaillimh.
FINANCIAL POLICY & PROCEDURES MANUAL
Award of Added Years
Version:
V1
Approved by:
Údarás na hOllscoile
Replaces:
Date:
____
____
1 Dec 2010(FRC)
1.
STATEMENT OF POLICY
1.1
It is University policy to comply fully and in all respects with relevant legislation,
regulations, best practice governance, and Government directives.
1.2
Added Years are provided for as follows:





Ill Health
Pension Scheme No. 1: Statute XVII, Chapter XXV., Pensions par 9
Pension Scheme No. 2: Statute LXI, Chapter I., Pension Scheme par 7
Joint Pension Scheme: Statute CLXI, Chapter II., s. 13, as amended by Statute
CCVII, Chapter I & by GB/M7/4(a))
2005 Scheme (Circular 8/2005)
1.3
The Governing Body has delegated authority to award added years in line with
1.2 above to the Pensions and Investments Officer. The Minister of Finance is
empowered to exercise discretion in relation to the award of added years for
pension purposes.
2.
PROCEDURES
2.1
Eligibility for the award of added years is assessed by the Pensions & Investments
Officer in line with statute provisions, Governing Body decisions and established
practice.
2.2
Ill-health added years are approved on a case by case basis by the Governing
Body.
Pensions & Investments Officer
FRC/10/M13/9(a)
Dec 2010
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