How does PRSI work in Ireland — what are Class A rates and what does it fund?

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Pay Related Social Insurance (PRSI) is Ireland's social insurance contribution system. It funds benefits including the State Pension (Contributory), Jobseeker's Benefit, Illness Benefit, Maternity Benefit, and Invalidity Pension.

Class A is the most common PRSI class, applying to employees in the private sector and most public servants recruited after 1995. For 2024, employees pay PRSI at 4% on all earnings above €352 per week. Employers pay a higher PRSI contribution of 11.15% on employee earn

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PRSI & Social

How does PRSI work in Ireland — what are Class A rates and what does it fund?