Sections 5 and 6 of the Bill provide for an increase in the earnings ceiling from €38,740 to €40,420 per year for employees' social insurance (PRSI) contributions and in the income ceiling for payment of optional contributions. Section 6 of the Bill also provides for a restructuring of the rate of optional contributions payable by share fishermen The standard rate of contribution is being reduced from 5% to 4% and the minimum flat rate contribution is being reduced from €253 to €200 per annum. In addition, the PRSI free allowance is being increased from €1,321 to €2,500 per annum. These changes reflect reductions already made in recent years for most other PRSI contributors.