Pressure grows for PRSI hike in next budget
The government will come under mounting pressure to hike PRSI in this year's budget.
The government will come under mounting pressure to hike PRSI in this year's budget, with an official report poised to unveil a looming €2.2 billion deficit in the state's social insurance fund by 2016.
An actuarial review by KPMG, due to be presented to the cabinet shortly, points to critical shortfalls in the funds unless steps are taken to increase PRSI contributions. The fund is responsible for state pensions, welfare benefits, disability, and other key social...
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