Employee Benefits in Ireland, 2020 Update

The Irish social security system covers company employees, self-employed persons, the unemployed, people with less than minimum resources and dependent family members of deceased employees. The Irish social welfare system is divided into social insurance payments, means-tested payments and universal payments. The payment of social insurance is mandatory; both employers and employees must contribute pay related social insurance (PRSI) contributions to the national Social Insurance Fund (SIF). Self-employed persons pay Class S social insurance contributions directly to the Revenue Commissioners, although these are not required to pay after the age of 66. A range of state benefits are available for Irish residents, which are subject to a number of conditions other than social insurance contribution requirements. Companies across the country also provide customized private benefits to their employees as a supplement to state benefits.

The report provides in-depth industry analysis, information and insights of the employee benefits in Ireland, including: overview of the state and compulsory benefits in Ireland, detailed information about the private benefits in Ireland, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Ireland.

Key Highlights

– The Department of Social Protection are responsible for the functioning of the overall social security system.

– A person’s national insurance contribution is determined based on their income.

– An insured person who is unemployed or unable to work and whose benefits have been exhausted is entitled to credited contribution.

– In Ireland, employers provide voluntary retirement benefits to their employees through deferred annuity plans.


This report provides a detailed analysis of employee benefits in Ireland –

– It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits

– It covers an exhaustive list of employee benefits, including retirement benefits, death in service, long-term disability benefits, medical benefits, workmen's compensation insurance, maternity and paternity benefits, family benefits, unemployment, leave and private benefits

– It highlights the economic and regulatory situations relating to employee benefits in Ireland

Reasons to buy

– Make strategic decisions using in-depth information related to employee benefits in Ireland.

– Assess Ireland’s employee benefits market, including state and compulsory benefits and private benefits.

– Gain insights into the key employee benefit schemes offered by private employers in Ireland.

– Gain insights into key organizations governing Ireland’s employee benefits, and their impact on companies.

Table of Contents

Table of Contents



2.1 What is this Report About?

2.2 Definitions





6.1 Retirement Benefits

6.1.1 Introduction

6.1.2 Eligibility

6.1.3 Benefits

6.1.4 Payment Options

6.1.5 Contributions

6.2 Death in Service

6.2.1 Introduction

6.2.2 Eligibility

6.2.3 Benefits

6.2.4 Payment Options

6.2.5 Contributions

6.3 Long-Term Disability Benefits

6.3.1 Introduction

6.3.2 Eligibility

6.3.3 Benefits

6.3.4 Payment Options

6.3.5 Contributions

6.4 Short-Term Sickness Benefits

6.4.1 Introduction

6.4.2 Eligibility

6.4.3 Benefits

6.4.4 Payment Options

6.4.5 Contributions

6.5 Medical Benefits

6.5.1 Introduction

6.5.2 Eligibility

6.5.3 Benefits

6.5.4 Payment Options

6.5.5 Contributions

6.6 Workmen’s Compensation Insurance

6.6.1 Introduction

6.6.2 Eligibility

6.6.3 Benefits

6.6.4 Payment Options

6.6.5 Contributions

6.7 Maternity and Paternity Benefits

6.7.1 Introduction

6.7.2 Eligibility

6.7.3 Benefits

6.7.4 Payment Options

6.7.5 Contributions

6.8 Other Benefits

6.8.1 Family Benefits

6.8.2 Unemployment Benefits

6.8.3 Minimum Resources

6.8.4 Long-term Care Insurance

6.8.5 Leaves and Holidays


7.1 Retirement Benefits

7.2 Disability Benefits

7.3 Death Benefits

7.4 Medical Benefits

7.5 Accidental Death and Dismemberment Benefits


8.1 Methodology

8.2 Contact GlobalData

8.3 About GlobalData

8.4 GlobalData’s Services

8.5 Disclaimer

List of Tables

List of Tables

Table 1: Insurance Industry Definitions

Table 2: Ireland – Country Statistics

Table 3: Irish Old-Age Benefits – Average Rate per week

Table 4: Irish Old-Age Benefits – Average Rate per week

Table 5: Irish Old-Age Benefits – Maximum personal weekly rate of payment

Table 6: Irish Old-Age Benefits – Pension rates from September 1, 2012 to March 30, 2018

Table 7: Irish Child dependent benefits – Weekly rate of payment

Table 8: Irish Disability Benefits – Maximum rates of Partial Capacity Benefit in 2020

Table 9: Irish Disability Benefits – Carer's Allowance rates 2020

Table 10: Irish Disability Benefits – Widow's, Widower's or Surviving Civil Partner's (Contributory) Pension rates 2020

Table 11: Irish Social Assistance Benefits – Current Pension rates 2020

Table 12: Irish Overall Social Insurance Rates – Employee and Employer Contributions

Table 13: Irish Monthly Child Benefits Paid

Table 14: Ireland: Basic supplementary welfare allowance

Table 15: Ireland: Job seeker’s allowance

Table 16: Irish Leave – Fixed National and Public Holidays 2020


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