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The OECD's Reviews of Pension Systems: Ireland, [3] explains the structures of both the public and private pension systems. "The public pension system has two sets of flat-rate benefits: 1) a basic flat-rate benefit to all retirees that meet the contribution conditions, the State pension (contributory) or SPC and the State pension (transition) or SPT; and 2) a means-tested benefit to those ...
These titled varied over the course of the ministries established during this revolutionary period. In the Irish Free State, there was a Minister for Industry and Commerce as part of the first Executive Council of the Irish Free State established in 1922. This was given a statutory basis by the Ministers and Secretaries Act 1924.
The civil service of the Irish Free State was not formally established by any specific legislation. The Anglo-Irish Treaty of 1921 did however provide that the Government of the Irish Free State became responsible for those who were discharged or retired from the civil or public services in the new state, except a few exempted personnel recruited in response of the Anglo-Irish War.
The Minister of State at the Department of Enterprise, Trade and Employment is a junior ministerial post in the Department of Enterprise, Trade and Employment of the Government of Ireland and assists the Minister for Enterprise, Trade and Employment. A Minister of State does not hold cabinet rank. There are currently two Ministers of State: [1]
The Minister heads one of the most important economic departments in the Irish Government, responsible for the implementation of policy in five key areas – Enterprise, Innovation, Growth; Quality, Work and Learning; Making Markets and Regulation work better; Quality, Value and Continuous Improvement; and the European Union.
The State Pension (Non-Contributory) falls under the social assistance category. It provides payments to those over 66 who did not make enough payments for State Pension (Contributory). To be eligible, a pensioner must: be 66 years or older; not be on the State Pension (Contributory) pass a means and habitual residence test
A Ministry of Commerce was established at the foundation of Northern Ireland in June 1921, and was subsequently known as the Department of Commerce and Department of Economic Development under direct rule (introduced in March 1972). An economic ministry was also included in the Northern Ireland Executive briefly established in 1974.
Pension plans often come with a tax break depending on the country and plan type. [citation needed] For example, Canadians have the option to open a registered retirement savings plan (RRSP), as well as a range of employee and state pension programs. This plan allows contributions to this account to be marked as un-taxable income and remain un ...