
Finance Office - PRSI RATES
Finance Office
PRSI Rates
PRSI Contribution Rates and User Guide 2008 - SW 14
MAIN PRSI CHANGES FOR 2008
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Employee's annual earnings ceiling increased to €50,700.
- Employee's
income threshold changed.
Private and Public sector employments |
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Rates of contribution from 1 January 2008 |
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CLASS A |
This covers employees under the age of 66 in industrial, commercial and service-type employment who have reckonable pay of €38 or more per week from all employments as well as Public Servants recruited from 6 April 1995. |
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Weekly pay is the employee's money pay plus notional pay (if applicable). |
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Subclass |
Weekly Pay Band |
How much of weekly pay |
First €50,700 |
Over €50,700 |
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EE |
ER |
EE |
ER |
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AO |
€38 - €352 inclusive |
ALL |
Nil |
8.5% |
Nil |
8.5% |
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AX |
€352.01 - €356 inclusive |
First €127 |
Nil |
8.5% |
Nil |
8.5% |
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Balance |
4.00% |
8.5% |
Nil |
8.5% |
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AL |
€356.01 - €500 inclusive |
First €127 |
Nil |
10.75% |
Nil |
10.75% |
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Balance |
4.00% |
10.75% |
Nil |
10.75% |
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A1 OR |
More than €500 |
First €127 |
2.00% |
10.75% |
2.00% |
10.75% |
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€127.01 - €1925 |
6.00% |
10.75% |
2.00% |
10.75% |
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Balance |
6.50% |
10.75% |
2.50% |
10.75% |
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A2* |
More than €500 |
First €127 |
Nil |
10.75% |
Nil |
10.75% |
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Balance |
4.00% |
10.75% |
Nil |
10.75% |
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* Subclass A2 applies to medical card holders and people getting a social welfare Widow's Widower's, Pension, One-Parent Family Payment or Deserted Wife's Benefit Or Allowance. See note below. |
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COMMUNITY EMPLOYMENT PARTICIPANTS ONLY |
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Subclass |
Weekly Limits |
How Much Of weekly pay |
All Income |
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EE |
ER |
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A8 |
Up to €352 inclusive |
All |
Nil |
0.5% |
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A9 |
More than €352 |
First €127 |
Nil |
0.5% |
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Balance |
4.00% |
0.5% |
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TOTAL PRSI: Calculate the employer and employee deductions separately and then add them together. |
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Public Sector Employments |
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Rates of contribution from 1 January 200 |
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CLASS D |
This covers permanent and pensionable employees in the public service, other than those mentioned in Classes B and C, recruited before 6 April 1995. |
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Weekly pay is the employee's money pay plus notional pay (if applicable). |
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Subclass |
Weekly Pay Band |
How much of weekly pay |
First €50,700 |
Balance over €50,700 |
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EE |
ER |
EE |
ER |
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DO |
Up To €352 inclusive |
ALL |
Nil |
2.35% |
Nil |
2.35% |
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DX |
€352.01 - €500 inclusive |
First €26 |
Nil |
2.35% |
Nil |
2.35% |
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Balance |
0.90% |
2.35% |
Nil |
2.35% |
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D1 OR |
More than €500 |
First €26 |
2.00% |
2.35% |
2.00% |
2.35% |
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€26 - €1,925 |
2.90% |
2.35% |
2.00% |
2.35% |
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Balance |
3.40% |
2.35% |
2.50% |
2.35% |
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D2 * |
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More than €500 |
First €26 |
Nil |
2.35% |
Nil |
2.35% |
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Balance |
0.90% |
2.35% |
Nil |
2.35% |
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*Subclass D2 applies to medical card holders and people getting a Widow’s or Widower’s Pension, One-Parent Family Payment or Deserted Wife’s Benefit or Allowance. See note below. |
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PRIVATE SECTOR EMPLOYMENTS |
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RATES OF CONTRIBUTION FROM 1 JANUARY 2008 |
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CLASS J |
This normally relates to people with reckonable pay of less than €38 per week (from all employments). However, a small number of employees are insurable at Class J no matter how much they earn, such as employees aged 66 or over or people in subsidiary employment. |
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Subclass |
Weekly Pay Band |
How much of weekly pay |
First €50,700 |
Over €50,700 |
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EE |
ER |
EE |
ER |
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J0 |
Up to €500 inclusive |
All |
Nil |
0.5% |
Nil |
0.5% |
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J1 OR |
More than €500 |
First €1,925 |
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