ASC (Additional Superannuation Contribution)

A public sector pension-related deduction applied under specific rules.

Definition

ASC is a public sector related contribution that can apply to certain pensionable remuneration. It is separate from standard Income Tax, USC, and PRSI and depends on statutory thresholds and conditions.

Related terms

ARF (Approved Retirement Fund)Auto-Enrolment AVC (Additional Voluntary Contribution)Employer Pension Contribution Employer Pension Matching Occupational Pension Scheme Pension Contribution Through Payroll Pension Earnings Cap Pension Lump Sum Pension Tax Relief

Disclaimer

This definition is for informational purposes only and does not constitute tax, legal, or financial advice. Rules may change and outcomes depend on your circumstances.

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