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Courses
Courses
Choosing a course is one of the most important decisions you'll ever make! View our courses and see what our students and lecturers have to say about the courses you are interested in at the links below.
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University Life
University Life
Each year more than 4,000 choose University of Galway as their University of choice. Find out what life at University of Galway is all about here.
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About University of Galway
About University of Galway
Since 1845, University of Galway has been sharing the highest quality teaching and research with Ireland and the world. Find out what makes our University so special – from our distinguished history to the latest news and campus developments.
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Colleges & Schools
Colleges & Schools
University of Galway has earned international recognition as a research-led university with a commitment to top quality teaching across a range of key areas of expertise.
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Research & Innovation
Research & Innovation
University of Galway’s vibrant research community take on some of the most pressing challenges of our times.
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Business & Industry
Guiding Breakthrough Research at University of Galway
We explore and facilitate commercial opportunities for the research community at University of Galway, as well as facilitating industry partnership.
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Alumni & Friends
Alumni & Friends
There are 128,000 University of Galway alumni worldwide. Stay connected to your alumni community! Join our social networks and update your details online.
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Community Engagement
Community Engagement
At University of Galway, we believe that the best learning takes place when you apply what you learn in a real world context. That's why many of our courses include work placements or community projects.
Accessibility & LanguageASC Information
ASC Explained
Background
The Additional Superannuation Contribution (ASC) was originally proposed in June 2017 as part of the Public Service Stability Agreement (2018-2020), and was subsequently legislated under the Public Service Pay and Pensions Act 2017. It replaced the temporary Pension Related Deduction (PRD) with effect from 1 January 2019.
ASC was a major public service pension reform, introduced to secure additional permanent employee contributions to ensure the sustainable financing of public service pensions into the future.
For more information please click on the following link available on gov.ie website Additional Superannuation Contribution (ASC)
Queries relating to ASC:
Please review ASC information available here and if you have further queries then please email payroll@universityofgalway.ie
What is Additional Superannuation Contribution (ASC)?
ASC confers no additional pension benefits and therefore should not be included in pension scheme benefit statements.
What is the difference between ASC and PRD?
PRD was based on taxable remuneration where an individual had a public sector pension entitlement – This meant PRD was calculated on all taxable remuneration received from any public sector employer even if the remuneration was not pensionable.
ASC is based on pensionable remuneration only – This means ASC is only calculated on pensionable pay.
Unlike PRD, ASC is chargeable on when paid and not when earned.
Multiple Public Service Employments
Similar to PRD, ASC is chargeable on all pensionable remuneration across multiple public service employers and based on the combined pensionable remuneration in such employments. The same procedure for calculating main and subsidiary employments will apply in respect of ASC as applied in respect of PRD.
Procedure:
An individual will nominate a main public service employment for the purpose of ASC via the ASC10 form. That main public service employment will apply the ASC thresholds for that year to pensionable remuneration in that employment. All other public service employment(s) in respect of that individual are deemed to be subsidiary public service employments and the relevant public service employers will apply ASC to any pensionable remuneration at the rate of 10.5%.
The main public service employer shall, following receipt of a statement from the subsidiary employer (ASC60), carry out an “end-of-year” balancing mechanism. The “end-of-year” balancing mechanism will involve assessing the ASC liability in respect of the combined public service pensionable remuneration. The main public service employer following the “end-of-year” balancing, shall make any adjustments, as required, by way of refund or recoupment of an overpayment/underpayment and issue an amended ASC60 in respect of the main employment.
Any refund of ASC in respect of multiple public service employments is subject to an
individual completing the ASC10 form.
