Christmas closing arrangements 2020
Irish Life’s offices will close for the Christmas period at close of business on 23 December 2020 and will re-open on Monday, 4 January 2021.
Depending on the method you use for paying regular contributions this will mean the following:
Payments into Defined Contribution (DC) arrangements
Full contribution data must accompany all instructions to guarantee investment. Instructions received without full data will be invested on the date full data is received.
DC Benefit Payments
Recurring taxable and Once Off taxable payments The Irish Life payroll department is now closed for recurring and once off taxable pension payments in 2020. No further taxable payments can be made until 2021. Fund Switch requests received on 1 January 2021 will be processed when we re-open using a unit price date of 4 January 2021.
In order to ensure that benefit claims are completed and processed for payment by EFT by the 23rd December 2020 we need to receive all the necessary documentation in Corporate Business by the 11th December 2020, at the latest. Where all necessary claim documentation is received after the 11th December 2020 the payment will be made in January 2021, when our offices re-open and claim processing recommences.
