Have you a pension in excess of

---

The Finance Act 2011 provides, with effect from 7 December 2010, for a reduction in the maximum allowable pension fund on retirement (known as the Standard Fund Threshold (SFT)) from just over €5.4 million to €2.3 million. The legislation also provides for an individual who has "uncrystallised" pension rights in excess of this lower SFT on that date to protect those rights by claiming a Personal Fund Threshold (PFT) from the Revenue Commissioners.

A  PFT Notification Form (PDF, 113 KB) (including general guidance on applying for a PFT) is now available on the Revenue website.

If you have a pension between €2.3 million and €5.4 million it would be worthwhile contacting your pension provider.

Share this Post