Publication
Tax Strategy Group - 03/18 Pay Related Social Insurance
From Department of Finance; Department of Social Protection
Published on
Last updated on
This paper reviews the financial position of the Social Insurance Fund (SIF), the impact of the main PRSI related measures introduced in Budget 2017 , the findings of the Actuarial Review of the Social Insurance Fund 31 December 2015, the recommendations of the report on ‘The use of intermediary-type structures and self-employment arrangements: Implications for Social Insurance and Tax Revenues’ and the PRSI income and expenditure commitments in the Programme for a Partnership Government. In particular, the paper discusses the possible restructuring of the system of personal taxation as a means of supporting the future financial sustainability of the SIF, and the extension of additional social insurance benefits/pensions to the self-employed.
