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Invalidity Pension for self employed

Invalidity Pension for self employed

Invalidity pension for self employed persons

From 1 December 2017, self-employed people who have paid sufficient class S PRSI contributions will be entitled to Invalidity Pension.

Invalidity Pension is a weekly payment to people who cannot work because of a long-term illness or disability and are covered by social insurance (PRSI).

From that date, to get Invalidity Pension you must have at least:

  1. 260 (5 years) paid PRSI contributions since entering social insurance
  2. 48 contributions paid or credited in the last OR second-last complete tax year before the date of your claim

The last complete tax year is the year before your claim and the second-last complete tax year is the one before that.

For example, if you claim Invalidity Pension in 2018, the last complete tax year is 2017 and the second last complete tax year is 2016

To qualify from a medical standpoint you must:

a)Have been incapable of work for at least 12 months and be likely to be incapable of work for at least another 12 months (you will probably have been getting Illness Benefit or Disability Allowance during that time)

Or

b)Be permanently incapable of work (in certain cases of very serious illness or disability, you can transfer directly from another social welfare payment or from your job to Invalidity Pension).

Any queries please do not hesitate to contact me on 091 763817 or email me at oliver@taxreturnhelp.ie

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