Class M PRSI. What happens if I receive a large income in one year

[Amster26]

I am on Class M PRSI. I am aged 63 and in receipt of an occupational pension, having retired at 60. I may become eligible to receive a single large unearned income, in the tens of thousands bracket, either this year or next. This will be liable for income tax rather than CGT. My question is, where do I stand in relation to PRSI ? Do I loose my Class M status as presumably I will have to pay PRSI on the said income ?

 

[deadlyduck]

Page 9 of this publication (http://www.welfare.ie/en/downloads/SW14_19.pdf) indicates that you'll pay 4% Class K PRSI on the unearned income

 

[Amster26]

Thanks for that deadlyduck, your link answers my question precisely