If you are going to put funds into your pension, then best to do so before 5 December 2012 (Budget Day) as the likelihood is that :- 1. Tax relief may be reduced and 2. The maximum pension fund permitted (currently €2.3Million) may be significantly reduced Further, if you wish to claim relief against 2011 Income Tax, then the pension contribution needs to be paid into the pension by 31 October 2012 (or 15 November 2012 if you are filing your tax return on-line using ROS).