Written answers
Tuesday, 29 April 2025
Department of Employment Affairs and Social Protection
Social Insurance
Sorca Clarke (Longford-Westmeath, Sinn Fein)
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1396. To ask the Minister for Employment Affairs and Social Protection the estimated full-year cost if the lower rate of employer's PRSI rate of 8.8% was reduced by 0.5%. [18841/25]
Dara Calleary (Mayo, Fianna Fail)
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The estimated full-year cost of reducing the lower employer PRSI rate, currently at 8.9%, by 0.5 percentage points is approximately €50 million.
This estimate does not take into account any possible changes in employer or employee behaviour, arising from changing the rate of the lower employer PRSI contribution.
I trust this clarifies the matter for the Deputy.
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