The Pension Scheme - NUI Galway
The basic pension is contributory. Each member pays a 5% contribution to the pension scheme. This contribution is composed of 1½% of salary plus 3½% of “Salary minus twice the O.A.C.P.”. Each member of the pension scheme must contribute to the spouse’s and children’s pension scheme. He/she is obliged to pay 1.5% of pensionable salary. c) ................
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