Please note that the following amendments have been made to the Revenue Manual issued in 2005.

Chapter 13 Revision: 06.04.2006
Ireland / UK Reciprocal Transfer Agreement
 
Please note that the existing agreement will terminate with effect from 6 April 2006.
 
Transfers to the UK should be dealt with on exactly the same basis as transfers to EU Member States. Please refer to 13.6 Revenue Pensions Manual. Paragraph 13.4 has been deleted from the Manual.
 
For information on transfers from UK schemes please refer to Part 14 of the Registered Pensions Schemes Manual which is available on the HMRC internet site. The text of “The Pension Schemes (Categories of Country and Requirements for Overseas Pension Schemes and Recognised Overseas Pension Schemes) Regulations 2006” is also available on the internet site.
 
Legislative and Practice changes in both jurisdictions will facilitate future transfers and the revised arrangements are an improvement on the existing bilateral agreement.

Chapter 6 Revision: 05.02.2006
Effective from 5th February 2006, the pension accrual limits for those with less than 10 years service has been increased. (Section 6.6)