Written answers

Thursday, 2 October 2008

Department of Social and Family Affairs

Social Insurance

5:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 228: To ask the Minister for Social and Family Affairs the revenue that would be raised by abolishing the ceiling on PRSI contributions for employees in 2009; the number of people who would be affected; the cost of reducing the rate of PRSI to 2% for the self-employed; and the cost of reducing the rate to 2% for employees in 2009. [33182/08]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 230: To ask the Minister for Social and Family Affairs the cost of raising the threshold on PRSI by €100 per week and by €200 per week in 2009. [33186/08]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 231: To ask the Minister for Social and Family Affairs the cost of raising the exemption limit for PRSI by 5% and by 10% in 2009. [33190/08]

Photo of Mary HanafinMary Hanafin (Dún Laoghaire, Fianna Fail)
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I propose to take Questions Nos. 228, 230 and 231 together.

Current estimates, agreed between this Department and the Department of Finance, indicate that: A decrease in the employee PRSI rate from 4% to 2% would reduce Social Insurance Fund income by some €793 million in a full year; A decrease in the self-employed PRSI rate (Class S) from 3% to 2% would cost approximately €279 million in a full year; The abolition of the PRSI ceiling for ordinary employees would yield some €334 million in additional contribution income, affecting some 324,720 contributors; Raising the PRSI free allowance to €227 or €327 would cost some €276 million or €552 million respectively for Class A; Raising the PRSI exemption threshold by 5% or 10% would cost some €18 million or €36 mill ion respectively for Class A.

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 229: To ask the Minister for Social and Family Affairs the expected revenue to be raised in PRSI contributions from employers, from the self-employed and from employees respectively in 2007, 2008 and 2009 assuming the same structure applies in 2009 as in 2008. [33184/08]

Photo of Mary HanafinMary Hanafin (Dún Laoghaire, Fianna Fail)
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The following table sets out the information requested by the Deputy.

Year200720072008
â'¬ millionâ'¬ millionâ'¬ million
Employers5,7305,7626,144
Employees1,4651,5391,655
Self-Employed405421450
Total7,6007,7228,249

Estimates for 2009 have not yet been finalised.

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