Class One Contributions  - Employed Persons

    A     Persons under 18 years of age earning not more than the amount indicated below.     
    B     Persons aged 18 and over, earning not more than the amount indicated below.     
    C     All persons whose basic weekly wage is between the amounts indicated below.     
    D     All persons whose basic weekly wage is equal to or exceeds the amount indicated below.     
    E     Students* under 18 years of age.     
    F     Students* 18 years old and over.     
        

*Students who are following a full-time course of studies or instruction under the Student-Worker Scheme, or other similar schemes (including the Extended Skills Training Schemes, but excluding the Worker-Student Schemes) involving distinct work and study periods for which they are receiving remuneration.

Class 1 SSC Rates for 2012     Basic Weekly Wage €     Weekly Rate Payable    
    Category         From     To         by Employee     by Employer     
    A             31.60     158.11         6.62         6.62         
    B             31.60     158.11         15.81*         15.81     
    *Or if the employee chooses, 10% of the basic weekly wage. This rate of contribution entitles the contributor to pro-rata contributory benefits.     
 
    Persons born up to 31st December 1961     
    C             158.11     334.96     1    0%         10%         
    D             334.97     n/a         33.50         33.50         
 
    Persons born from 1st January 1962 onwards     
    C             158.11     378.50         10%         10%         
    D             378.50     n/a         37.85         37.85          
    E             n/a     n/a         10% Max.4.38     10% Max.4.38     
    F             n/a     n/a         10% Max.7.94     10% Max.7.94      

Class Two Contributions Contributions - Self Employend and Self Occupied Persons

Class Two Contributions are to be paid by all individuals who derive income of more than €910 from an economic activity and who are not employed.

The Social Security Act defines two categories of persons that are required to pay Class 2 Contributions as follows:

    -Self Occupied Persons - persons who earn income from Trade, Business, Profession, Vocation or any other economic activity that exceeds €910 per annum.

    -Self Employed Persons - persons who receive income from rents, investments, capital gains or any other income.

Rates for Class Two Social Security Contributions are based on the annual net profit or income for the year preceding the contribution payment year.

Annual Net Income €     
    Category         From     To     Weekly Rate     Self Employed     Self Occupied     
    SP*             1,005     7,985         23.03     SP category applies only to single self employed persons     
SP category does not apply to self occupied persons     
    SA             910     9,445         27.25 (1)     
SA category applies to self employed persons     SA category applies to self occupied persons     
      
*The SP rate applies only to single persons who are not self occupied.     
      (1) €27.25 or 15% of the annual net earnings if the person is a part-time self-employed woman whose annual net earnings do not exceed €9,445 (see NOTE 1 at the bottom of the page)     
 
    Persons born up to 31st December 1961     
    SB             9,446     17,417         15%     SB category applies to self employed/occiped persons     
    SC             17,418     n/a         50.24     SC category applies to self employed/occupied persons     
 
    Persons born from 1st January 1962 onwards     
    SB             9,446     19,682         15%     SB category applies to self employed/occupied persons     
    SC             19,683     n/a         56.78(2) SC category applies to self employed/occupied persons     
      (2) See NOTE 2 at the bottom of the page
    
    NOTE 1: If the insured person elects to pay a contribution that is less than €27.25, such contribution may, if the person qualifies for a contributory benefit or a contributary pension, result in the payment of a reduced contributory benefit or contributory pension.     
    NOTE 2: The increase in the highest contribution rate payable is related to a guaranteed maximum pensionable income as a result of the pension reform which became law by virtue of Act XIX of 2006 and Legal Notice 336 of 2006.