Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Voluntary PRSI

  • 06-10-2024 7:22pm
    #1
    computaquark
    Registered Users, Registered Users 2 Posts: 3 ✭


    I want to start paying Voluntary PRSI. I have 10 years PRSI but some are credited. Below is one of the rules for Voluntary PRSI.

    To be eligible to make voluntary contributions you must:

    Have at least 520 PRSI contributions paid under compulsory insurance in either employment or self-employment.

    From the above I take it that credited contributions do not count. Anybody in the know as to this topic? Thanks.



Comments

  • #2
    coylemj
    Registered Users, Registered Users 2 Posts: 25,620 ✭✭✭✭coylemj


    I would read 'paid under compulsory insurance' to explicitly exclude credited contributions.

    The words 'paid' and 'compulsory' don't leave much in the way of wiggle room.



  • #3
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    As you say yourself, 10 years of compulsory contributions. The Gov will credit up to another 10 years for child-minding years.
    My wife only had eight years as stay at home mum. I have transferred investments (and therefore investment income (min. €5k?) ) to her and am currently paying the minimum mandatory charge (€500 for 2023, €537.50 for 2024, €650 for 2025) under Class S.
    Will get her to at least 10 years contributions + credited and see where we go from there, otherwise no contributory pension.
    https://www.citizensinformation.ie/en/social-welfare/irish-social-welfare-system/social-insurance-prsi/class-s-prsi/



  • #4
    coylemj
    Registered Users, Registered Users 2 Posts: 25,620 ✭✭✭✭coylemj


    https://www.boards.ie/discussion/comment/122693155#Comment_122693155

    You can get up to a maximum of 20 years homemaker's credits.

    The Homemaker's Scheme was introduced on 6 April 1994 to support people who give up work to take care of a child under the age of 12 or an incapacitated person. Only periods after this date can be taken into account, up to a maximum of 20 years.

    Hint: Always use gov.ie for social welfare/PRSI/state pensions info. in preference to Citizens' Information. Which is not always up to date.

    https://www.gov.ie/en/service/e216c5-homemakers-scheme/



Advertisement