ASC/PRD refunds

ASC/ PRD refunds

ASC and PRD refunds arise where an individual has not acquired a pension entitlement in respect of a relevant employment.

Note: A person in receipt of a payment-in-lieu of pension is deemed to have acquired and received that pension benefit and therefore is not entitled to a refund of ASC or PRD

Where a person has not acquired a pension entitlement in respect of a relevant employment they are entitled to:

i. A full refund of any ASC paid

ii. A refund of PRD, if and only if, they have no other public service pension entitlement from a previous Public Sector employment they remain liable for PRD in respect of the years 2009 to 2018 as appropriate. 

If you have any further queries, please contact payroll@ucd.ie