Services

Additional Voluntary Contributions (AVCs)

If you work in the public sector in Ireland, PSF can provide truly impartial advice on Additional Voluntary Contributions (AVCs). Our clients include many teachers, lecturers, doctors and nurses who were not satisfied with the advice they received from less neutral sources. PSF owes no allegiance to any insurance company, union or employer - we simply advise what is best for you. We will clearly outline the issues around AVCs if you are considering one, or how to make the most of any AVC you may already hold.

Public Sector Income Protection

Current public sector sick pay entitlements 3 months at your rate of full pay followed by 3 months at half pay. Often in the case of serious illness, this is extended to 6 months full pay and 6 months half pay. Entitlements after that from your employer or Social Welfare will depend on years of service and PRSI class. The amount of sick pay you have taken in the last four years and the specifics of your illness can also change your benefits. These benefits do however come to an end. To protect yourself against long-term illnesses you can consider options such as Salary Protection (also known as Income Protection or Permanent Health Insurance) to replace your income. At PSF we have an agency with all the insurance companies. We can provide a fair analysis of the market on your behalf enabling us to find you the greatest level of benefit for the lowest cost. With Income Protection, expert advice is a necessity as it is important to figure out the correct benefit amount that is to be insured. Without correct advice people may end up over insured and paying the insurance company a premium for a benefit that cannot be fully paid out on claim due to legislation restrictions.