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What is PRSI Contribution?

  • 06-01-2011 10:56pm
    #1
    superfly35
    Registered Users, Registered Users 2 Posts: 380 ✭✭


    Hi all,

    I have learnt today that my job might be in jeopardy in the coming month or so.
    So to sleep in peace I was looking at the welfare benefit to make sure I will qualified for jobseeker's Benefit.

    And I don't understand it.
    Jobseeker's Benefit
    You must meet the conditions in Section 8.2 and your Jobseeker's Benefit is based on your PRSI contributions. To qualify, you must have:

    52 paid PRSI contributions since starting work,

    and
    39 paid or credited PRSI contributions in the relevant tax year

    or
    26 paid PRSI contributions in the relevant tax year and 26 paid PRSI contributions in the tax year before the relevant tax year.
    The relevant tax year is the second last complete tax year before the start of the benefit year in which you get your payment. The benefit year starts on the first Monday in January.

    PRSI contributions at Classes A, H and P count.

    If you apply in:

    The relevant Tax Year is:

    2008 2006

    2009 2007

    I don't fully understand the 52 PRSI contributions.

    Does it mean that I have to have paid PRSI for 52 months or 52 weeks?

    Basically I don't know for how long we have to contribute before be able to apply for it.

    I am working in Ireland since July 2007 and working since fulltime, I had about 2 month without contribution between jobs.

    Thanks a million for your answer.
    Cheers


Comments

  • #2
    baldbear
    Registered Users, Registered Users 2 Posts: 5,618 ✭✭✭baldbear


    superfly35 wrote: »
    Hi all,

    I have learnt today that my job might be in jeopardy in the coming month or so.
    So to sleep in peace I was looking at the welfare benefit to make sure I will qualified for jobseeker's Benefit.

    And I don't understand it.



    I don't fully understand the 52 PRSI contributions.

    Does it mean that I have to have paid PRSI for 52 months or 52 weeks?

    Basically I don't know for how long we have to contribute before be able to apply for it.

    I am working in Ireland since July 2007 and working since fulltime, I had about 2 month without contribution between jobs.

    Thanks a million for your answer.
    Cheers

    PRSI is paid weekly so its 52 WEEKS, so you are ok. Don't be worrying. Hope things work out.


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