Day 1
Bill Seeks to Correct Clergy Pensions Anomaly
A Bill which seeks to correct and anomaly which has arisen in the calculation of late retirement pensions of clergy was presented at General Synod in Naas today (Friday May 9). Bill No 6 notes that a small number of members of the Church of Ireland Clergy Pensions Fund who had reached the normal retirement age (NRA) before 1st January 2024, but had not yet retired by that date, have not benefitted from recent increases to pensionable stipend or to pensions in payment. The proposed amendment to the Constitution will lead to late retirement pensions being calculated by using pensionable stipend at the date of retirement.