Hi xxxx,
I refer to your recent inquiry about becoming a voluntary contributor under the PRSI voluntary contribution scheme.
If a person ceases compulsory social insurance he/she can become a Voluntary Contributor to maintain their insurance record - provided the following conditions are satisfied. One must:
1. Have at least 520 contributions paid under compulsory insurance,
2. Apply within 60 months after the end of the contribution year in which you last have a paid/credited contribution prior to the year that you are applying for.
Well done! It's a great deal deal considering the benefits.I suspect I will be billed €500 for each year now, which is a great deal in all fairness when you consider the return.
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