Social Insurance Fund.

Dáil Éireann Debate, Tuesday - 23 March 2010

Tuesday, 23 March 2010

Ceisteanna (407, 408, 409, 410)

Ruairí Quinn

Ceist:

530 Deputy Ruairí Quinn asked the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in employer’s PRSI. [12197/10]

Ruairí Quinn

Ceist:

531 Deputy Ruairí Quinn asked the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in employees PRSI. [12198/10]

Ruairí Quinn

Ceist:

532 Deputy Ruairí Quinn asked the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in PRSI for the self employed. [12199/10]

Leo Varadkar

Ceist:

533 Deputy Leo Varadkar asked the Minister for Social and Family Affairs the estimated yield from abolishing the employee’s PRSI ceiling; and if she will make a statement on the matter. [12346/10]

Freagraí scríofa

Minister for Social and Family Affairs (Deputy Mary Hanafin)

I propose to take Questions Nos. 530 to 533, inclusive, together.

PRSI receipts do not form part of Exchequer funding but are paid into the Social Insurance Fund. The most recent estimates for PRSI yields are set out in the following table.

Changes to PRSI Rates & Thresholds	Yield
	€m
1% increase in Employers higher PRSI rate	423.0
1% increase in Employers lower PRSI rate	59.0
1% increase in the Self-Employed PRSI rate	108.0
1% increase in Employees PRSI rate	373.0
Abolition of the PRSI ceiling	119.5