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Pension Credits

  • 26-06-2024 9:45am
    #1
    Rudy1968
    Registered Users, Registered Users 2 Posts: 9 ✭


    Just checking regarding State Contributory Pension under Total Contributions Model, 52 credits per annum required for full pension , how much income do you need to earn to qualify for all 52 credits



Comments

  • #2
    hawthorne
    Registered Users, Registered Users 2 Posts: 619 ✭✭✭hawthorne


    You seem to mix up credits with contributions.

    You get credits while being on certain SW allowances and benefits. You make PRSI contributions when you work.

    Minimum earnings for an A class PRSI contribution is Euro 38.You get 52 contributions for your pension record if you work 52 weeks per year with a minimum income of Euro 38 per week. There is no upper limit for your income- but you always end up with only 1 contribution per week regardless of how much you earn above Euro 38.

    Post edited by hawthorne on


  • #3
    Rudy1968
    Registered Users, Registered Users 2 Posts: 9 ✭Rudy1968


    Thanks a million, yes definitely got them mixed up, cheers



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