Many thanks for all your replies, they have been very detailed.................however, my dad can be so stubborn at times!! He has never been unemployed in his life apart from the odd week here or there and not for the last 20 years. He is of the mindset that he does not want any handouts, even though he is entitled to them. He won't apply for the medical card as he doesn't want to be seen to receiving assistance! No matter what I say to try to convince him, he is determined at this time to try and get another job and support himself and my mum as he has done for over the last 40 years!! As for the state pension - he won't even entertain the thought either as he still feels fit enough to work - proud or stubborn - take your pick!!
Once again, many thanks for all the responses and if anyone has any suggestions on how to convince him to take what he may be entitled to that would be MUCH appreciated.
Kind regards
LL
It might be worth telling your dad that although he can't work and claim the State Pension (transition), he can work and claim the State Pension (Contributory) which he'll be eligible for at age 66 - so he could look on this year as a career break!
If he had paid into any other type of insurance policy would he accept the lump sum when it matured. PRSI is his insurance policy which becomes his pension and there are no brownie points for not claiming his entitlement, just the loss of pension for the unclaimed time.
However I can understand where he is coming from and I take my hat off to him.
All good points already made the only other thing I can add is to point out to him that he is dipping into his savings to support himself. I do on the one hand take my hat off to him but he really should have no qualms about taking his entitlements as stated he contributed his PRSI for years. With so many 'grabby' others out there it would be great if your Dad got his due after working all his life.
Your dad should have paid into the construction workers pension fund which at his age he can claim a lump sum and weekly allowance from. This is a fund which he has been paying into all his life weekly out of his wages. It is not a hand out but his own money back.
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