2012 Class 1 Social Security Contributions
| Category Description |
|
Category |
Description |
|
|
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 Wage1 € |
Weekly Rate Payable2 € |
|
|
Category |
|
From |
To |
by Employee |
by Employer |
Total |
|
|
A |
|
31.60 |
158.11 |
6.62 |
6.62 |
13.24 |
|
|
B |
|
31.60 |
158.11 |
15.81* |
15.81 |
31.62 |
|
|
*Or if the employee chooses, 10% of the basic weekly wage1. This rate of contribution entitles the contributor to pro-rata contributory benefits.
|
|
| |
|
Persons born up to 31st December 1961 |
|
|
C |
|
158.12 |
334.96 |
10% |
10% |
n/a |
|
|
D |
|
334.97 |
n/a |
33.50 |
33.50 |
67.00 |
|
| |
|
Persons born from 1st January 1962 onwards |
|
|
C |
|
158.12 |
378.50 |
10% |
10% |
n/a |
|
|
D |
|
378.51 |
n/a |
37.85 |
37.85 |
75.70 |
|
|
|
E |
|
n/a |
n/a |
10% Max.4.38 |
10% Max.4.38 |
n/a |
|
|
F |
|
n/a |
n/a |
10% Max.7.94 |
10% Max.7.94 |
n/a |
|
|
|
1Basic Weekly Wage or the weekly equivalent of the basic monthly salary. |
|
|
2For percentage rates, the weekly rate payable is calculated to the nearest cent |
|