Oireachtas Joint and Select Committees

Wednesday, 27 September 2023

Joint Oireachtas Committee on Social Protection

General Scheme of the Social Welfare (Amendment) Bill 2023: Discussion

Photo of Denis NaughtenDenis Naughten (Roscommon-Galway, Independent) | Oireachtas source

It will probably be a recommendation from the committee anyway that that would be included in it.

In terms of the actuarial calculation, as it is set out here in the proposed legislation, for every full year one gets an actuarial calculation. If one does not retire until one's 67th birthday, one will get a form of a top-up. How does that apply to someone who is short contributions? Is it contributions for every week that are calculated up to the 40th full year of contributions? The point I am making is that I, at 67 years of age, having a full record up to my 66th birthday, have to work a full year to get an additional benefit on that. However, if I work to sixty-six and a half, not having had a full PRSI record up to my 66th birthday, is every single week that I work over that six months of benefit to me?

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