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Additional Superannuation Contribution (ASC)

Additional Superannuation Contribution (ASC) was introduced on 1st January 2019, it replaced the Pension Related Deduction (PRD).  Whereas PRD was a temporary emergency measure, ASC is a permanent contribution in respect of pensionable remuneration.

 

Application of  ASC

 
ASC will apply only to individuals who are in receipt of pensionable pay and applies to a person who: 
 
 
(a)        is a member of a public service pension scheme or 
(b)        receives a payment-in-lieu of pension or
(c)        is entitled to an ex-gratia retirement gratuity (annual or lump sum) on retirement
 
 

Assessing ASC

Unlike PRD, ASC is only chargeable on pensionable remuneration.  Pensionable remuneration includes:

  • Basic Pay (excluding non-pensionable overtime) due to the public servant in respect of that period, and 
  • Allowances, emoluments and premium pay (or it's equivalent) which are treated as pensionable pay

 

ASC Treatment

ASC qualifies for tax relief but not Universal Social Charge (USC) relief.  There is employer PRSI relief in respect of ASC, it does not qualify for employee PRSI relief.
 
 



ASC Rates and Thresholds 

 


Setting up the ASC Deduction in BrightPay 

Go to Employees > select employee to whom the deduction will apply > Revenue Details > Select the appropriate ASC  calculation method > 'Save Changes'.

 

 

 
 

Payslips

Additional Superannuation Contribution will display separately on the Employees Payslip as ASC under the deductions section. 

 

 
 

 


 

 

Need help? Support is available at 01 8352074 or [email protected].

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