You can now pay your monthly Pension Schedules on-line. For more information please click here or call 01-4071488
For a copy of the 2013 Scheme Calendar please
click here
For a copy of Contribution rates from 2006 to 2012 please click here
2013 Scheme Year contribution rates
PLEASE NOTE: THE PENSION AND SICK PAY RATES REMAIN UNCHANGED FOR THE 2013 SCHEME YEAR. Under the terms of the Registered Employment Agreement the pension contribution rates are defined as 7% of the average basic Craft and Construction Operative wage rates agreed by CNJIC, applicable at September 30th.
Below are the weekly rates for Pension, Death in Service and Sick Pay contributions agreed by the Construction National Joint Industrial Council (“CNJIC”) for the Construction Industry for 2013
For the Building Industry
What the contributions are for | Employer’s contribution | Employee’s contribution | Total |
Pension Benefit | €26.63 | €17.76* | €44.39 |
Death in Service Benefit | €1.11 | €1.11* | €2.22 |
Sick Pay | €1.27 | €0.63 | €1.90 |
Sub total | €29.01 | €19.50 | €48.51 |
The Scheme also facilitates the collection of the non-mandatory remittances set out below on behalf of the social partner entities listed and these can be paid as a combined payment with the Pension, Sick Pay and Death in Service contributions.
Weekly remittances charged by the Benevolent Funds, the Construction Industry Monitoring Agency and the Construction Workers Health Trust.
What the contributions are for | Employer’s contribution | Employee’s contribution | Total |
Workers Health Trust | €0.00 | €1.00 | €1.00 |
Benevolent Funds | €0.19 | €0.50 | €0.69 |
CIMA | €0.32 | €0.32 | €0.64 |
Sub total | €0.51 | €1.82 | €2.33 |
Overall Total | €29.52 | €21.32 | €50.84 |
Below are the weekly rates for Pension, Death in Service and Sick Pay contributions agreed by the Construction National Joint Industrial Council (“CNJIC”) for the Electrical Contracting Industry for 2013
For the Electrical Industry
What the contributions are for | Employer’s contribution | Employee’s contribution | Total |
Pension Benefit | €26.63 | €17.76* | €44.39 |
Death in Service Benefit | €1.11 | €1.11* | €2.22 |
Sick Pay | €1.27 | €0.63 | €1.90 |
Sub total | €29.01 | €19.50 | €48.52 |
The Scheme also facilitates the collection of the non-mandatory remittances set out below on behalf of the social partner entities listed and these can be paid as a combined payment with the Pension, Sick Pay and Death in Service contributions.
Weekly remittances charged by the Benevolent Funds, the Construction Workers Health Trust and EPACE.
What the contributions are for | Employer’s contribution | Employee’s contribution | Total |
Workers Health Trust | €0.00 | €1.00 | €1.00 |
Benevolent Funds | €0.19 | €0.50 | €0.69 |
EPACE | €0.38 | €0.38 | €0.76 |
Sub total | €0.57 | €1.88 | €2.45 |
Overall Total | €29.58 | €21.38 | €50.96 |
*The member's portion of the Pension and Death in Service (€18.87) is PAYE allowable. This is deducted from the Gross Salary and PAYE is calculated on the Net salary (Gross less €18.87) The employee PRSI is calculated on the Gross salary. This also applies to any AVC’s
There is no employer PRSI relief for employee Pension and Death in Service contributions to occupational pension scheme (CWPS)
- The full weekly contribution rate is payable to the Scheme regardless of the number of days worked in a week by any member.
- Both the member and employer portion of the contribution must be paid into the Scheme together as it is a combined contribution. It is important that all contributions are keep up to date to ensure that the member is covered for Death in Service and Sick Pay benefit.
- If contributions due to the Scheme have not been paid 21 days after the end of the month in which they are deducted, an arrears rate will be applied to any unpaid contributions as per Rule 4.9 of the Scheme’s Trust Deed & Rules.
- No part-payment of the weekly contribution will be accepted by the Scheme.
To go to our FAQ section on Compliance please click here