PRSI contributions to apply to PUP and TWSS payments
The Government recently approved the introduction of a new Bill to ensure PRSI contributions are attributed to people in receipt of the PUP and workers whose salaries are being supported by the TWSS.
A Government press release said, when enacted, this legislation will ensure that people who lost their jobs, or were temporarily laid-off, during the COVID-19 pandemic will be credited with full or ‘paid’ PRSI contributions on their social insurance record equivalent to those that they would have made if they remained in work. Employees whose employer is claiming the TWSS will also be allocated PRSI contributions appropriate to their normal employment status for the duration of the Scheme.
The Social Welfare (Covid-19) (Amendment) Act 2020 was signed by the President on Wednesday 5 August.