Tuesday, 11 June 2019

Ceisteanna (914)

Fergus O'Dowd

Ceist:

914. Deputy Fergus O'Dowd asked the Minister for Employment Affairs and Social Protection if a person receiving a State pension (contributory) over 66 years of age while still working in a full-time position and paying normal rates of PRSI, tax and so on can benefit from paying a reduced PRSI and-or tax contribution; and if she will make a statement on the matter. [23878/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Employment)

Employees who are over the State pension age, currently 66, are insurable at Class J. This provides cover for occupational injuries benefit only.

Under Class J employees pay no PRSI contribution at all while their employer pays an employer rate of just 0.5%, compared to the Class A contribution rates of 4% for employees and 10.95% for employers.

Taxation policy is a matter for my colleague, the Minister for Finance.

I hope this clarifies the matter for the Deputy.