Social Welfare Consolidation Act 2005 section 32

Regulations varying rates and amounts of contributions

Section 32 provides that regulations may be used to change the rates or amounts payable for employment contributions, self-employment contributions, or voluntary contributions.

• The Minister may make regulations to vary contribution rates and amounts
• This power covers employment contributions (PRSI paid by employees and employers)
• Self-employment contributions can also be adjusted by regulation
• Voluntary contributions, made by people who wish to maintain their social insurance record, are similarly subject to adjustment