Pension Quarter Buy-Back Simulator
Calculate the cost and profitability of buying back pension quarters.
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What is a pension quarter buy-back?
Buy back up to 12 missing quarters to reach full rate. Cost varies by age and income.
The penalty
Each missing quarter reduces the pension by 1.25% (max -25%).
Tax deduction
The buy-back is deductible from taxable income. At 30% marginal rate, €10,000 costs only €7,000 net.
Frequently asked questions
How much does a quarter cost?▼
€1,000 to €6,500 depending on age and income.
Who can buy back quarters?▼
Any worker aged 20 to 66, up to 12 quarters.
Is it always worthwhile?▼
Generally yes if you live more than 8-12 years in retirement.
Can you spread the payment?▼
Yes, over 1, 3 or 5 years interest-free.
Ideal age?▼
As early as possible, when marginal rate ≥ 30%.
Plan your retirement
Track your quarters and optimise your strategy.
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