Prsi refund on private pensions

Thanks to AAM I have just received a cheque for €600 ish by way of refunds of PRSI based on my private pension contributions (not paid through work) for the last number of years. Had it not been for AAM I would have assumed that I had received all I was due by way of credits due re tax(which I consider to include my PRSI).

So firstly thanks AAMers and secondly and the real point of this thread is to say to all other AAmers to make sure they apply for their PRSI refunds . I applied for all refunds going back to 2003when this was introduced(even though I assumed I could only go back 4 years like tax. Im not actually sure if I got anything for 03 and 04 as they dont issue a breakdown( and it hurts my wee brain to try to calculate ) If you search AAM you will find an earlier thread showing how to apply for the PRSI refund



Also if you are on PAYE like me and your pension is index linked then make sure that your Cert of tax credits is accurate as if you dont tell the Revenue that your pension contributions have increased they will simply include the old smaller contribution figure and you will be missing out on tax relief.

I know all of the above may seem very basic to most of the financially astute AAMers but there must be a few more like me out there!

Hi there,

Can you elaborate on how to qualify and the steps to take? Is it on PRSA's only or does a company scheme qualify do you know?

Not sure about a company scheme. Maybe someone else on AAM might know. Also if it does apply to a company scheme it may be that you have been getting the benefit of the prsi relief already.

If you search on this forum for "prsi relief on pension payments" or similar you may come across the original thread which caused me to apply in the first place.

I think the frorm is CGPRSI1

To clarify- the tax/PRSI relief applies to all pensions.

If you pay the pension premium through payroll deduction (ie it appears on your payslip) then you are automatically getting the relevant relief.

You only need to make a manual claim like the original poster if you pay the premium outside of your payroll eg write a cheque to a pension company yourself rather than have the premium processed by your payroll department .

Thanks for the info guys