The REA specifies the following key benefits.

Pension Entitlement

You will be contributing towards a pension up to the age of 65 based on your accumulated fund at retirement.

Sick Pay

After 13 consecutive weekly payments, you are entitled to a sick pay benefit of up to 50 days in any year and payment is sent directly to your home. This is in addition to any Social Welfare Entitlement that you may be entitled to. The 2009 sick pay benefit rate is €37.51 per day or €187.65 per week.

Death in Service Benefit

After 26 consecutive weekly payments (irrespective of employer) you will be covered for death in service benefit both on and off site.

The death in service benefit of €63,500 and €3,175 for each dependent child is payable to your next of kin tax free on your death.

Note: Non-compliant employers are directly responsible for this payment if a worker is not registered in a scheme.