Social Welfare and Pensions Act 2013
The Social Welfare and Pensions Bill 2013 was signed into law and enacted as the Social Welfare and Pensions Act 2013 (Act No. 38 of 2013) (signed on: 9 November, 2013). The Act provides for the abolition of the exemption from PRSI applying to chargeable persons whose only additional income is unearned income i.e. investment income, from 1 January 2014. This PRSI measure was first announced in Budget 2013. The Act will be published in due course, in the meantime the Bill as initiated and subsequent stages in the Dáil and Seanad are available on the Oireachtas website.