State benefit payment at 65

[S class]

Just to clarify it's the calendar year of your 61st birthday. At age 60 you enter your 61st year, this year doesn't count.

So providing you have 13 paid class A in the calendar year in which your 61st birthday falls and you have at least 39 credits in the calendar year in which your 63rd birthday falls you will qualify.

Operational Guidelines: Benefit Payment for 65 Year Olds

www.gov.ie

The relevant tax year is the same as the governing year. This is the calender year in which your 63rd birthday falls. So the two years before this are the calender years in which your 61st and 62nd birthdays fall



"If a person does not have 13 paid contributions in the Governing Contribution Year (GCY) they must have the 13 contributions paid in any one of the following years

The two tax years before the relevant tax year

The last complete tax year

Or

The current tax year"


I don't know if you would be allowed to split rental income that way.
If your wife is joint owner the rent might have to split 50 / 50.

 

[Kev1964]

Just to clarify it's the calendar year of your 61st birthday. At age 60 you enter your 61st year, this year doesn't count.

So providing you have 13 paid class A in the calendar year in which your 61st birthday falls and you have at least 39 credits in the calendar year in which your 63rd birthday falls you will qualify.

Operational Guidelines: Benefit Payment for 65 Year Olds

www.gov.ie

The relevant tax year is the same as the governing year. This is the calender year in which your 63rd birthday falls. So the two years before this are the calender years in which your 61st and 62nd birthdays fall



"If a person does not have 13 paid contributions in the Governing Contribution Year (GCY) they must have the 13 contributions paid in any one of the following years

The two tax years before the relevant tax year

The last complete tax year

Or

The current tax year"


I don't know if you would be allowed to split rental income that way.
If your wife is joint owner the rent might have to split 50 / 50.

Thanks again for your prompt response.

The reason I'm still considering this is your previous post which suggested that I could disqualify myself from being eligible if I have rental income in excess of €7500.

Perhaps I should have been clearer on the question that prompted that reply.

In the tax year that I become 61, I plan to have 13 paid class A stamps. I also expect to have the 39 credits in the tax year when I hit 63. I will be signing on annually at that stage for credits (I hope).

In the tax year that I become age 62, I expect to have rental income. The amount is to be established (noting your point about the ratio).

So my (rephrased) question is, given the circumstances above, will earning rental income of any amount in the tax year that I become age 62, undo the (part) eligibility built up in the previous tax year?

 

[S class]

The rental income will only be a problem in the year of your 65th and 66th birthdays.
It won't matter how much rental income you might have in previous years.

If you have less than 7500 in both of these years you should be okay to qualify.

I am only guessing about how the rental income could be divided.
Maybe ask a separate question about this to see if any tax experts reply.

 

[S class]

The reason I'm still considering this is your previous post which suggested that I could disqualify myself from being eligible if I have rental income in excess of €7500.

I might have confused you with my previous answer. Having any amount of rental income in years before your 65th birthday will not disqualify you.

The rental income is considered as employment. It's only in the years that you would actually be claiming BP65 that you need to have ceased any employment over 7500 euro i.e. rental over 7500 euro.

 

[Flybytheseat]

I might have confused you with my previous answer. Having any amount of rental income in years before your 65th birthday will not disqualify you.

The rental income is considered as employment. It's only in the years that you would actually be claiming BP65 that you need to have ceased any employment over 7500 euro i.e. rental over 7500 euro.

Does this also appy to ARF income ? Is that also considered as employment income for the 7500 euro limit ?

 

[S class]

ARF income is not considered as employment for qualification for BP65

Benefit Payment at 65

Up to recently, there was an anomaly concerning the payment of the Benefit Payment at 65, a payment for 65 year olds who have retired, prior to applying for their State Contributory Pension at 66. The anomaly was this -...

ferga.com

 

[MCB2024]

Voluntary contributions won't allow you qualify.
You need to get 13 class A paid contributions from employment.
You only need to earn 38 euro per per week for 13 weeks.
3 hours at minimum wage will get you there.
If you are unable to get this employment you could get a family member or friend to register as an employer and employ you for household work or childminder or gardening etc.
Check out 'family employment' and 'registering as an employer' on revenue .ie

Thank you very much for the info

 

[Luternau]

Sorry to hijack...but think it's better than start a new thread

I am asking for a friend who may qualify for over 65 payment and is just not good with this sort of thing. It's confusing on what is the qualifying year. (2022 or 2023) ?

They were 65 in October last year.and have not worked since end of Sept 23. They have 52 paid A contributions for 2022, and up to stopping working last year. approx 36/38 I advised them to sign on for credits at that timebut they never did as they decided it was pointless..

Would they qualify for the over 65 payment from start of this year based on having 52 stamps in 2022?

If they qualify, can they back date the claim to the beginning of this year on the basis they were unaware they qualified?

 

[S class]

65 last year would make 2021 their governing year.
Assuming they had at least 39 stamps in 2021 they would qualify.
The payment runs from their 65th birthday up until they reach age 66.
So their time to claim has almost run out. They should immediately fill out the online claim form on their mywelfare account and claim. They might get a few weeks of payment if their birthday is late in the month,

I don't know if they would get backdated payments, but they have nothing to lose by trying a backdated claim.