Oireachtas Joint and Select Committees
Wednesday, 31 January 2024
Joint Oireachtas Committee on Social Protection
General Scheme of the Social Welfare (Pay-Related Social Insurance and Jobseeker’s Pay-Related Benefit Provisions) Bill 2024: Department of Social Protection
Mr. Brian Duff:
That was part of the Government's consideration of whether there should be greater increases in the class S area as opposed to the other PRSI classes but it decided to have the same rate of increase in class S as in the other PRSI classes. It decided to increase the minimum contribution for class S from €500 to €650 from October 2024. That minimum payment had been in place since 2013 so it was deemed to be an appropriate time to increase it by that amount.
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