Hi all.
I'm 41 and living and working in Germany.
I worked the first decade or so of my working life (private sector) in Ireland and have over the magic 520 credits to claim at least a partial contributory pension when I retire.
However I intend to retire a number of years before I hit 68 (or whatever it is by then).
If I was working in Ireland it would be a no brainer to pay voluntary PRSI contributions after ceasing employment to bring my contributions up to 40 years worth and I understand this is possible.
What I would like to know is, do I have the same right to pay voluntary contributions in Ireland once I cease working in socially insured employment here in Germany. I am prohibited from making voluntary PRSI contributions as long as I am insured in a PRSI like system (which I am), which is a pity. The UK allows voluntary NI contributions no questions asked.
If I am not allowed to pay voluntary credits after ceasing employment here, I plan to return home for a few months and find some part time menial job so I can "re-enter" the Irish system and then return here while continuing to pay voluntary PRSI in Ireland. Any holes in that plan?
I'm 41 and living and working in Germany.
I worked the first decade or so of my working life (private sector) in Ireland and have over the magic 520 credits to claim at least a partial contributory pension when I retire.
However I intend to retire a number of years before I hit 68 (or whatever it is by then).
If I was working in Ireland it would be a no brainer to pay voluntary PRSI contributions after ceasing employment to bring my contributions up to 40 years worth and I understand this is possible.
What I would like to know is, do I have the same right to pay voluntary contributions in Ireland once I cease working in socially insured employment here in Germany. I am prohibited from making voluntary PRSI contributions as long as I am insured in a PRSI like system (which I am), which is a pity. The UK allows voluntary NI contributions no questions asked.
If I am not allowed to pay voluntary credits after ceasing employment here, I plan to return home for a few months and find some part time menial job so I can "re-enter" the Irish system and then return here while continuing to pay voluntary PRSI in Ireland. Any holes in that plan?