Dáil Éireann Debate, Wednesday - 24 November 2004
167 Mr. Ring asked the Minister for Social and Family Affairs the progress which has been made in consultations between the Revenue Commissioners and his Department to agree mechanisms to refund PRSI to persons on personal pension payments; and if he will make a statement on the matter. [30612/04]
View answerContributions to PRSAs and other personal pensions may be made in a personal capacity outside the payroll system. Social welfare legislation provides for the return, subject to certain conditions, of PRSI contributions paid in respect of payments made to such pensions by employees and proprietary directors outside the payroll system. The refund process is technically complex involving a number of steps and calculations, requiring both Revenue and social welfare legislation to be taken into account.
My Department and the Revenue Commissioners have been in consultations to devise a mechanism for dealing with these cases. These consultations have now been completed and the Revenue Commissioners have agreed that these refunds will be processed in the Office of the Collector General. The practical arrangements for claiming refunds will be published shortly by the Revenue Commissioners.
