FF vows to introduce fairer PRSI system

Fianna Fáil is today promising to make the social insurance system fairer if it is returned to power at the upcoming election.

Fianna Fáil is today promising to make the social insurance system fairer if it is returned to power at the upcoming election.

At present, employees pay PRSI on the first €50,000 of their salary.

This means that a person earning €50,000 pays the same rate as somebody earning €250,000.

Minister for Finance Brian Cowen said today that Fianna Fáil would reform this system to make sure that those with more money pay more PRSI.

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