Social Welfare Consolidation Act 2005 section 38B

Recovery of redundancy payments

Section 38B deals with deductions from employer PRSI contribution refunds where the State has made redundancy payments on the employer's behalf.

• Employer refunds of PRSI contributions may be reduced in certain circumstances
• The reduction applies where the Minister has made redundancy payments on the employer's behalf under the Redundancy Payments Act 1967
• Affected refunds include those for contributions paid in error, share-based remuneration adjustments, and seafarer employment contributions
• The deduction is calculated using the formula set out in section 32 of the Redundancy Payments Act 1967