What are Credited PRSI Contributions?
Credits are social insurance PRSI contributions that help protect social insurance entitlements (e.g. Pensions) during periods when a person is not able to make paid contributions (i.e. when unemployed). If a person becomes unemployed they can sign-on for credits providing they have paid PRSI contributions in the previous 2 years.
- If a person signs on for credits, they will be required to meet the Genuinely Seeking Work criteria
- Credits can be paid or credited.
PRSI Class A
If a person has been working and paying PRSI, they will have paid Class A PRSI unless they are either:
- Self employed
- Employed by the state before 6th April 1995 or
- Earning less than €38.00 gross per week
Class A PRSI provides entitlement for Jobseeker's Benefit and other social insurance payments such as Illness Benefit.
Benefits which a person may be entitled to as a result of paying Class A PRSI include:
- Jobseeker's Benefit
- Illness Benefit
- Maternity Benefit
- Adoptive Benefit
- Health and Safety Benefit
- Invalidity Pension
- Widow's or Widower's (Contributory) Pension
- Guardian's (Contributory) Payment
- State Pension (Contributory) -- previously known as Old Age Pension
- State Pension (Transition) -- previously known as Retirement Pension
- Bereavement Grant
- Treatment Benefit
- Occupational Injuries Benefit
- Carer's Benefit
