I retired at the end of last year and am current in receipt of JB at the existing rates. I believe that if I was to return to work for a minimum of 13 weeks in the future earning a minimum of €38 per week with a class A PRSI contribution that I would become eligible for another 9 months of JB. As my new eligibility would be after the beginning of April I believe that the new JB values would apply. Can anyone confirm the basis upon which my new JB value would be calculated in this scenario should I decide to return to the workplace.
Sign on for Jobseekers credits when your payments end.
This will keep all options open for future Jobseekers claims.
The existing Jobseekers scheme will run in parallel with the new system, so if you don't meet the rules of the new system you can still qualify for the existing one.
Jobseeker’s Pay-Related Benefit links the benefit a person may get when they become unemployed to their previous earnings. Available from 31 March 2025.
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Sign on for Jobseekers credits when your payments end.
This will keep all options open for future Jobseekers claims.
The existing Jobseekers scheme will run in parallel with the new system, so if you don't meet the rules of the new system you can still qualify for the existing one.
Jobseeker’s Pay-Related Benefit links the benefit a person may get when they become unemployed to their previous earnings. Available from 31 March 2025.
I missed that discussion as I've only recently got involved on this forum now that I have the time after retiring. I'm 62 and currently enjoying the free time, reduced stress and no month end/year end deadlines to worry about! Its good to know that any subsequent JB after August would be based on my 2023 or 2024 earnings (time dependent) should I decide to return to the workplace later this year or early 2026. I'll certainly sign on for credits once the current JB payments cease.
I am taking redundancy shortly and will be entitled to 9 months JB. Currently it is €232 but when the new 'pay related' JB is finally introduced I'd be entitled to significantly more than the flat rate of JB. Unfortunately it seem I will not be entitled to this as it's only for new claims :-(...
Presuming you have at least 13 paid class A contributions last year, you only then need to remain signed on for credits during the calendar year of your 63rd birthday to qualify for Benefit Payment 65.
Apart from this you are correct that if you gain 13 weeks employment after your final Jobseekers payment you then requalify for 9 months Jobseekers Benefit.
You might have enough time up to your 65th birthday to include a third period of Jobseekers Benefit by again working for 13 weeks.
Each 13 week employment period would need to be within a single calender year.
The amount of Jobseekers Benefit payment depends on your governing year earnings
Only class A earnings are counted (your pension earnings are not included)
If your governing year earnings are only 13 weeks @ 38 euro per week you will only qualify for minimum rate Jobseekers Benefit.
Whatever you decide to do, make sure to fill any periods between employments with Jobseekers credits. Especially in the calender year of your 63rd birthday.