PRSI needs major reform.
Everyone should pay the same rates and get the same benefits. And, like all insurance, it should be self funding.
Everyone should pay the same rates and get the same benefits. And, like all insurance, it should be self funding.
I am already entitled to the full state pension through working full-time for 13 years.
No they can'tI could be wrong but is it not the case that self employed people can pay PRSI at Class A if they wish.?
Self-employed people pay PRSI at 3% of income whereas employees pay 4% plus their employer makes a contribution of over 10%. You get what you pay for. For additional benefits, you should expect to pay more. I don't think 3% is excessive for the benefits you might accrue including a state pension once you retire.
I have yet to meet a self-employed person who doesn't want to pay PRSI at Class A.
S0 is 3%According to the social welfare website, the self-employed contribution is 3% (unless this was changed in the Budget and has not been updated?).
Including the employer contribution? Because that is effectively what is being paid per class A contributor to "buy" the benefits.
According to the social welfare website, the self-employed contribution is 3% (unless this was changed in the Budget and has not been updated?).
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