Maintaining PRSI Record Options

[S class]

I don't know if anything has changed in the rules for class K and class S.
I was recently checking my own Prsi record back for a few years to get information about the time of year when different sources of earnings related prsi were added in.

I have 2 sources of class S Prsi.
From an ARF and from unearned investment income.

It seems that the class S for the ARF shows on my record in April each year.
The class S for the unearned income doesn't show until into December each year.

Your rental unearned income Prsi probably won't show on your record until December.

It's strange that currently there is class S showing for 2023 on your record.

I checked my 2023 Prsi record now and it is not yet showing the class S for the unearned investment income. I have 52S now and when the unearned income shows this changes to 104S

You should check your record at the end of 2024 or early 2025 to see what shows then.

Let me know what happens. I would be interested to see the final outcome.

 

[Jordan Belfort]

I don't know if anything has changed in the rules for class K and class S.
I was recently checking my own Prsi record back for a few years to get information about the time of year when different sources of earnings related prsi were added in.

I have 2 sources of class S Prsi.
From an ARF and from unearned investment income.

It seems that the class S for the ARF shows on my record in April each year.
The class S for the unearned income doesn't show until into December each year.

Your rental unearned income Prsi probably won't show on your record until December.

It's strange that currently there is class S showing for 2023 on your record.

I checked my 2023 Prsi record now and it is not yet showing the class S for the unearned investment income. I have 52S now and when the unearned income shows this changes to 104S

You should check your record at the end of 2024 or early 2025 to see what shows then.

Let me know what happens. I would be interested to see the final outcome.

Will keep an eye and report back.

 

[Jordan Belfort]

Will keep an eye and report back.

I don't know if anything has changed in the rules for class K and class S.
I was recently checking my own Prsi record back for a few years to get information about the time of year when different sources of earnings related prsi were added in.

I have 2 sources of class S Prsi.
From an ARF and from unearned investment income.

It seems that the class S for the ARF shows on my record in April each year.
The class S for the unearned income doesn't show until into December each year.

Your rental unearned income Prsi probably won't show on your record until December.

It's strange that currently there is class S showing for 2023 on your record.

I checked my 2023 Prsi record now and it is not yet showing the class S for the unearned investment income. I have 52S now and when the unearned income shows this changes to 104S

You should check your record at the end of 2024 or early 2025 to see what shows then.

Let me know what happens. I would be interested to see the final outcome.

One possibility is that I entered a small amount under 'other income' which was income from a hobby...............Is it possible that now mean my self employed income is not ONLY unearned income.
As this 'other income' did not pertain to self or spouse maybe it applied to use both and kept both from converting Class S to Class K ?

• employed contributors and occupational pensioners whose only additional income is unearned may be liable for PRSI contributions on this income.

 

[S class]

Yes, any amount of earned self employment prevents your unearned class S converting to class K.

Could well be that it also applied to your wife.