John Deasy (Waterford, Fine Gael)
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Question 354: To ask the Minister for Social and Family Affairs if she will ensure that the €10 million fund negotiated by the Labour Relations Commission for the former employees of a company (details supplied) will be exempt from both employer and employee PRSI contributions; and if she will make a statement on the matter. [35793/09]

Mary Hanafin (Dún Laoghaire, Fianna Fail)
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PRSI contributions are calculated as a percentage of gross reckonable earnings of employees, and gross reckonable income in the case of the self-employed, subject to various thresholds, allowances and ceilings. In the case of the payment in question, based on the information provided by the Receiver, it was decided that this payment was liable to full employee and employer PRSI. However, representations have been received requesting that the decision be reviewed. Accordingly, the matter is receiving further consideration by officials of the Department. The PRSI system is legislatively based and there is no Ministerial discretion with regard to the application of PRSI to any particular payment.