asked the Minister for Social Welfare the cost to the Social Insurance Fund of exempting the first (a) £1,000 (b) £2,000 and (c) £3,000 of income from employee PRSI.
Written Answers. - Social Insurance Fund.
92.
The estimated cost to the Social Insurance Fund in the 1989/90 contribution year if part of the earnings of employees were exempted from the employees' element of the social insurance contribution would be as follows:
Employee Exemption |
Cost |
£m |
|
First £1,000 |
43 |
First £2,000 |
82 |
First £3,000 |
117 |