Voluntary PRSI

computaquark

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.

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.

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/

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/