rum and black
Registered User
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- 51
posted previously with another question so going to post as a separate question.
My partner worked in the public service from circa 1976 to 1987 and paid a class D contribution. She then stayed at home looking after the children apart from a small amount of work during which she got about 25 A contributions. The youngest turned 12 in early 2002. Partner retrained and took up work from August 2004 until June 2005 paying an A contribution. Between June 2005 and April 2006 partner worked intermittently and signed on when not working. She received no money but was awarded credits during unemployment weeks.
In April 2006 she became fully employed and still is, and has paid an A contribution each week since April 2006. However she is finding her work mentally draining and very stressful and is unsure how long more she can continue. She is now 62. Her earliest retirement age from her job is 65 but pension wont kick in until 2024 when she is 67.
We have joint rental income on which PRSI is paid each year. Is any of this PRSI counted towards Pension contributions as I didn't notice any contributions when she got her records from the Department of Social Protection. Can they be used to enhance her entitlement to pension or if not and she leaves work should she make voluntary contributions to maximize her pension. How much would this voluntary contribution be . I think I saw somewhere that it was 500 euro per year which would be 500 x 5 which is manageable ,or is it a percentage of rental income and if so any idea what percent and will this help her with her old age contributory pension. Thanks
My partner worked in the public service from circa 1976 to 1987 and paid a class D contribution. She then stayed at home looking after the children apart from a small amount of work during which she got about 25 A contributions. The youngest turned 12 in early 2002. Partner retrained and took up work from August 2004 until June 2005 paying an A contribution. Between June 2005 and April 2006 partner worked intermittently and signed on when not working. She received no money but was awarded credits during unemployment weeks.
In April 2006 she became fully employed and still is, and has paid an A contribution each week since April 2006. However she is finding her work mentally draining and very stressful and is unsure how long more she can continue. She is now 62. Her earliest retirement age from her job is 65 but pension wont kick in until 2024 when she is 67.
We have joint rental income on which PRSI is paid each year. Is any of this PRSI counted towards Pension contributions as I didn't notice any contributions when she got her records from the Department of Social Protection. Can they be used to enhance her entitlement to pension or if not and she leaves work should she make voluntary contributions to maximize her pension. How much would this voluntary contribution be . I think I saw somewhere that it was 500 euro per year which would be 500 x 5 which is manageable ,or is it a percentage of rental income and if so any idea what percent and will this help her with her old age contributory pension. Thanks