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Multiple private pensions?

  • 19-06-2019 10:25pm
    #1
    Inspector Coptoor
    Registered Users, Registered Users 2 Posts: 6,818 ✭✭✭


    Hi,

    I have a private pension with work.
    They contribute 7%.
    Standard employee contribution is 5% and I have now increased mine to 13%.

    I have a second employer who offer a PRSA but no employer contribution.

    My question is, can I have two pensions building from two different employers at the same time?

    I was thinking of keeping my main job at 20% pension contribution between my own and main employer contributions and putting 20% of my second jobs income into a PRSA to reduce my tax liability.

    Any thoughts on the above welcome


Comments

  • #2
    jimmy456
    Registered Users, Registered Users 2 Posts: 90 ✭✭jimmy456


    Yes, you can find both as concurrent employments.

    Is the first private pension that your employer is funding a PRSA as well?


  • #3
    Inspector Coptoor
    Registered Users, Registered Users 2 Posts: 6,818 ✭✭✭Inspector Coptoor


    jimmy456 wrote: »
    Yes, you can find both as concurrent employments.

    Is the first private pension that your employer is funding a PRSA as well?

    The private pension being funded by my employer is a pension and life assurance scheme.


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