Dáil Éireann Debate, Thursday - 21 September 2023
200. Deputy Patricia Ryan asked the Minister for Social Protection if she will ensure that PRSI, taken in the wrong from a person (details supplied) is refunded at the earliest opportunity; the position regarding payment of PRSI after the age of 66 years; and if she will make a statement on the matter. [40809/23]
View answerA Pay Related Social Insurance (PRSI) refund may be due if a person is over 66 and has incorrectly paid PRSI on their wages. Applications for a PRSI refund can be made for the last 4 complete tax years.
Employees over the current pensionable age of 66 years are insurable at Class J regardless of how much they earn. The PRSI rate for Class J is 0% for employees and 0.5% for employers.
In January 2021 a PRSI review was carried out on the insurability of employment of the person concerned. The review considered the last 4 complete tax years from 2017 to 2020 and a PRSI refund of class AO for PRSI paid in respect of the period post age 66 was issued to their employer. As Class A0 does not have an employee liability, the question of an employee refund did not arise.
PRSI has been returned for this person at the reduced rate of J class from 2021.
I trust that this clarifies matters for the Deputy.
