Written answers
Thursday, 6 July 2006
Department of Social and Family Affairs
Social Welfare Code
6:00 pm
Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 391: To ask the Minister for Social and Family Affairs the amount of revenue which would be raised if the PRSI cut-off ceiling was removed. [27593/06]
Séamus Brennan (Dublin South, Fianna Fail)
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The current employee PRSI ceiling stands at €46,600 per annum. The abolition of this ceiling would yield an estimated €238.2 million in additional revenue to the Social Insurance Fund. Any changes to PRSI exemptions, thresholds and the ceiling would have to be considered in a budgetary context.
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