If you've been assessed as a Class D contributor for the past 23 years does than not mean that you are a "Permanent and pensionable employee in the public service"? If so, then you need to identify what pension scheme you should have been in and see what the terms are.Good Morning. I have received an official adjudication from scope re misclassification of prsi stating my correct classification should be D as opposed to A for previous 23yrs. I am concerned about the refunds I may now be liable for. As class A I have overpaid PRSI but under paid superannuation. I am aware the PRSI refund I will receive will only be for the previous 4yrs, will the superann I owe be subject to a similar time limit?
My questions are 1. Does anyone know how these calculations are made?
Also I am buying back 10yrs notional service the cost of which would have been calculated at class A ,will any refund to my employer be required for these years?
I am 60yrs and planning for my retirement but want to get all this sorted while I am still on an income. Any help guidance greatly appreciated, thanking you
Thankyou for your reply SueEllen. I will follow the DSP link but it is not at all clear who is liable.
Curiousclassification should be D as opposed to A for previous 23yrs.
Did you get a pension statement over the intervening period?Also I am buying back 10yrs notional service
Curious
60 -23
2023 - 23 = 2000
I thought that the changeover happened in 1995.
Did you pay class D for some years?
Were you with your employer prior to 1995?
You also mention
Did you get a pension statement over the intervening period?
What did it say regarding the incorporation of the state age pension?
Yes I wS
She was put on class A as the application said there was a break in service. It later transpired she was on a paid course.
The record was corrected and payroll recalculated the PRSI and superannuation. From memory she had to repay the underpaid superannuation (a repayment plan was set up as far as i know) but only got 4 years of overpaid PRSI back.
If she was allowed her full prsi back which she overpaid, back I think it would have balanced out. It's desperately unfair imo.
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