I signed back in the 80s for a few years on 'assistance' as it was known then but I have no reckonable or indeed any PRSI stamps for those years on my record. Should I have ? I presumed as I didn't have enough prior to that for JB that these years would not have counted. I will query it but just wondering would anyone know here anything obvious I'm missing.
Does anyone know what kind of educational courses and would it be possible to claim these retrospectively?
Qualifying Conditions in Summary
When a person starts work for the first time, credits are awarded for a period prior to their first PRSI contribution (see Pre-entry Credits). Subsequently, insured workers may be awarded credits if they claim a social welfare payment because they are out of work, or they are ill or incapacitated, or if they are engaged in certain training or educational courses.
To be entitled to these credits, a person must have worked previously and have paid at least one PRSI contribution. Normally, if at any stage in their working life, a person has no PRSI paid or credited contributions for two full tax years, they cannot be awarded credits again until they return to work and pay PRSI contributions for at least 26 weeks. The value of a credit is generally the value of the last paid contribution.
The range of circumstances in which credits may be awarded are set out in greater detail below.
The requirement for the 65s benefit is having at least 39 reckonable class A contributions in the year of your 63rd birthday. At least 13 need to be paid class A contributions. The remainder can be credited class A contributions.10. There is also something about needing some class A contributions the year you are 63 to get over65s benefit. Can anyone enlighten us??
Answer: The critical requirement for the 65s benefit is having at least 39 reckonable (A or S???) prsi contributions in the year of your 63rd birthday. If a person works until May of that year, they will need extra contributions to reach the 39 level. So they would require extra contributions (credits).
11. Can eligiblity for this over65s benefit be made up any other way?
Answer: There is flexibility regarding when the contributions need to be made. This is explained in the "Operational guidelines for 65s benefit". i.e. They do not necessarily have to be made during the year of the person's 63rd birthday. e.g. If a person does not have a minimum of 39 A contributions in the year of their 63rd birthday they can still qualify if they have a minimum of 26 paid A contributions in the year of their 62nd birthday and also a minimum of 26 paid A contributions in the year of their 61st birthday. There is a lot of detail in that document so see that if you have particular circumstances
For Answer 14 you could addAnything else that I have missed??
Is it permitted to continue claiming reckonable PRSI credits once you begin drawing an occupational private pension at say age 61? If yes that seems one of the easier ways to gain eligibility for the over 65s payment while being mostly retired. You only need to work 13 weeks in any one of your 61st, 62nd, 64th or 65th years.Answer: There is some flexibility regarding when the contributions need to be made.
This is explained in the "Operational guidelines for 65s benefit".
i.e. They do not necessarily have to be made during the year of the person's 63rd birthday.
If a person does not have a minimum of 39 A contributions in the year of their 63rd birthday they can still qualify if they have a minimum of 26 paid A contributions in the year of their 62nd birthday and also a minimum of 26 paid A contributions in the year of their 61st birthday.
If a person only has at least 39 credited contributions in the year of their 63rd birthday and cannot qualify using 26 paid contributions in the 2 years described above, they could still qualify.
They would need to have at least 13 paid class A contributions in any one of the following years.
The year of their 61st, 62nd, 64th or 65th birthday.
If they cannot qualify using any of the above they might also be able to qualify based on their class S Prsi contributions.
The rules for class S are complex and are explained in the Operating guidelines for 65s benefit.
Yes you can do that. Having a pension makes no difference. You can still be available for and seeking work as a pensioner up to age 66.Is it permitted to continue claiming reckonable PRSI credits once you begin drawing an occupational private pension at say age 61? If yes that seems one of the easier ways to gain eligibility for the over 65s payment while being mostly retired. You only need to work 13 weeks in any one of your 61st, 62nd, 64th or 65th years.
If the person's 62nd birthday was more than 26 weeks into the calender year they would qualify.So, if someone on Class A income at 61 retires on their 62nd birthday and draws down income from an ARF (at PRSI Class S), with no other Class A income, would that be reckonable towards the 65's benefit?
No unfortunately not.Are VC1 (A class) contributions reckonable towards the over 65s payment? I guess not. It probably won't affect me as I am unlikely to return to live in Ireland just for that benefit but you never know where life will take you.
This implies that you should be entitled to credits if you had one paid contribution.
Did you work before signing on ?
The first line makes me eligible as I had worked for 4 months a few years prior to signing on but the part in Italics appears then to say I am not entitled as it was less than 2 years of credited stamps.To be entitled to these credits, a person must have worked previously and have paid at least one PRSI contribution. Normally, if at any stage in their working life, a person has no PRSI paid or credited contributions for two full tax years, they cannot be awarded credits again until they return to work and pay PRSI contributions for at least 26 weeks. The value of a credit is generally the value of the last paid contribution.
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