Written answers
Tuesday, 18 September 2018
Department of Employment Affairs and Social Protection
Social Insurance
Seán Haughey (Dublin Bay North, Fianna Fail)
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709. To ask the Minister for Employment Affairs and Social Protection the estimated amount that would be generated if the minimum payment for class S PRSI increased from €500 to €610; and if she will make a statement on the matter. [37830/18]
Regina Doherty (Meath East, Fine Gael)
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It is estimated that an increase in the minimum payment for class S PRSI from €500 to €610 would yield €7.4m in a full year and affect some 75,800 class S contributors.
This estimate is based on the latest available data and reflects macro-economic indicators for 2019. It should be noted that this estimate does not take account of possible changes in contributor behaviour arising from changing minimum payments.
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