Kathleen Funchion (Carlow-Kilkenny, Sinn Fein)
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1020. To ask the Minister for Employment Affairs and Social Protection the number yield in 2024 if the employer PRSI rate of 11.05% increased to 13% on the portion of wages in excess of €125,000. [38145/23]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated additional revenue that would be generated if the higher rate of the employer social insurance contribution rose by 1.95% from 11.05% to 13% on the portion of wages in excess of €125,000 per year would be €140.3 million.

This estimate does not take into account any possible changes in employer behaviour arising from increasing the employer social insurance contribution rate.

I trust this clarifies the matter for the Deputy.