Zurich PRSA or PRSA AVC top up
On this page you will find an application form which you should use to top up your existing LABrokers Zurich Nil Commission Standard PRSA or your existing LABrokers Zurich Nil Commission Standard PRSA AVC.
Once you already have a Zurich Standard PRSA or PRSA AVC that was set up through LABrokers you will enjoy the same charging structure of 0% contribution charge for any top ups you make for the life of your policy.
Use the form below to increase your monthly payments or to add a lump sum contribution to your existing policy.
Zurich PRSA and PRSA AVC Top Up Form
Contributions can be made on a regular basis (monthly, quarterly, half-yearly or yearly) or on a once-off basis.
Zurich’s range of funds allows you to choose the reward-risk profile of your PRSA fund. You can invest in any of the PRSA funds described below and can change the mix of funds by switching between them at any time; the first four switches in a year are free of charge.
Early retirement If you are an employee or your occupation is one in which persons customarily retire before the age of 60, you may be able to take your retirement benefits earlier than your 60th birthday, but no earlier than your 50th birthday. If you are a member of an Occupational or Statutory Pension Scheme and make Additional Voluntary Contributions (AVCs) to your PRSA, you must wait until you retire under the rules of the pension scheme before you can draw any benefits from the fund built up by the AVCs made to this PRSA. For the purposes of early retirement, an employee is a person that works under a contract of employment, including civil servants. The retirement benefits described previously are also available on early retirement. Ill-health retirement If you become permanently incapable through infirmity of mind or body of carrying on your own occupation or any other occupation that you are trained or fitted for, you can retire on ill health grounds. Before you can take ill-health retirement, you must provide us with appropriate evidence that supports your ill-health claim. The retirement benefits described previously are also available on ill-health retirement. Death-in-service benefits If you die before retirement, the PRSA assets can be used to provide a pension for your spouse or can be paid as a lump sum to your estate. The spouse’s pension can be no greater than the pension that would have been payable to you on retirement.
https://www.zurich.ie/pensions-retirement/choosing-your-pension/prsa/