ARFs are Prsi S and DSP state that this is self employment.ARF is pension income. It is not work or employmen
Class S PRSI is described as "self-employed income". I think it was originally designed to capture someone like a one-man plumbing operation but over the years it has been extended to things like rental income, ARF income, and investment income. These are very much not employment categories. So the term "self-employed income" is increasingly a misnomer. Even DSP say that you pay on Class S PRSI on certain "unearned" income. If income is "unearned" then it is by definition not from employment.ARFs are Prsi S and DSP state that this is self employment.
People are currently being refused the 65s benefit because they are being classed as in employment as a result of having an ARF. So I would not be too confident of that.So just because you are paying Class S PRSI does not mean that you are in employment for the purposes of a supplementary pension. So I see zero risk that ARF income would interfere with supplementary pension rights.
But that's a payment from DSP.People are currently being refused the 65s benefit because they are being classed as in employment as a result of having an ARF.
No. It is not. They are not in paid employment, whether Social Welfare is interpreting their Class S in that way or not.A person is required to sign an application form to obtain supplementary pension and declare on this form that they are currently not engaged in any sort of paid employment. If any Irish Government Department is stating that ARF income is paid employment then any person with an ARF who signs this form is probably making a false declaration.
If any Irish Government Department is stating that ARF income is paid employment ....
People are currently being refused the 65s benefit because they are being classed as in employment as a result of having an ARF.
Hi all I have an Arf a number of years(since 60).Reached 65 yrs this year applied for Supplementary pension.Was told I do not qualify as I am “Self employed”paying class S insurance.Base year to qualify was 63years on reaching 65.Is it true if I took my Arf at 64 or 65 my base assessment years would be 62 and 63 and I would qualify.If that is correct and you meet all rest criteria is this not unfair to all Arf holders who took out Arfs at 63 or before.A person is required to sign an application form to obtain supplementary pension and declare on this form that they are currently not engaged in any sort of paid employment. If any Irish Government Department is stating that ARF income is paid employment then any person with an ARF who signs this form is probably making a false declaration.
Do you mean you applied for the over-65 payment? Or the public service Supplementary Pension?Reached 65 yrs this year applied for Supplementary pension.
Over 65 year payment.Do you mean you applied for the over-65 payment? Or the public service Supplementary Pension?
Might you be currently drawing down €625/month (€7.5k/year) or more from your ARF? My very limited, and open to correction, understanding is that any monthly ARF drawdown will generate Class S PRSI stamps which would qualify for Over 65's Payment but that when you cross the €625/month (€7.5k/year) threshold (when 65) suchWas told I do not qualify as I am “Self employed”paying class S insurance.
What do you mean "if"?
You have categorically stated that a Government Dept. IS considering ARF income as paid employment?
Might that be €5,000 pa?Might you be drawing down €625/month (€7.5k/year)
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