Written answers

Tuesday, 23 March 2010

Department of Social and Family Affairs

Social Insurance Fund

8:00 pm

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)
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Question 530: To ask the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in employer's PRSI. [12197/10]

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)
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Question 531: To ask the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in employees PRSI. [12198/10]

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)
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Question 532: To ask the Minister for Social and Family Affairs the estimated yield to the Exchequer in a full year of a 1% increase in PRSI for the self employed. [12199/10]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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Question 533: To ask the Minister for Social and Family Affairs the estimated yield from abolishing the employee's PRSI ceiling; and if she will make a statement on the matter. [12346/10]

Photo of Mary HanafinMary Hanafin (Dún Laoghaire, Fianna Fail)
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I propose to take Questions Nos. 530 to 533, inclusive, together.

PRSI receipts do not form part of Exchequer funding but are paid into the Social Insurance Fund. The most recent estimates for PRSI yields are set out in the following table.

Changes to PRSI Rates & ThresholdsYield
1% increase in Employers higher PRSI rateâ'¬423m
1% increase in Employers lower PRSI rateâ'¬59m
1% increase in the Self-Employed PRSI rateâ'¬108m
1% increase in Employees PRSI rateâ'¬373m
Abolition of the PRSI ceilingâ'¬119.5m

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