Dáil Éireann Debate, Tuesday - 18 September 2018
709. Deputy Seán Haughey asked the Minister for Employment Affairs and Social Protection the estimated amount that would be generated if the minimum payment for class S PRSI increased from €500 to €610; and if she will make a statement on the matter. [37830/18]
View answerIt is estimated that an increase in the minimum payment for class S PRSI from €500 to €610 would yield €7.4m in a full year and affect some 75,800 class S contributors.
This estimate is based on the latest available data and reflects macro-economic indicators for 2019. It should be noted that this estimate does not take account of possible changes in contributor behaviour arising from changing minimum payments.
