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Social insurance contributions that fund benefits like the State Pension.
PRSI is a compulsory social insurance contribution. The class and rate depend on your employment status (e.g., most employees are Class A). PRSI is separate from Income Tax and USC and is commonly shown as its own line on a payslip.
This definition is for informational purposes only and does not constitute tax, legal, or financial advice. Rules may change and outcomes depend on your circumstances.