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Kildare Today

with Hannah Kelly

€20BN In PRSI Left Unspent By Govt.

Photo: Pexels

There's reports it could hit €50 billion by 2030

The Government has accumulated a €20 billion surplus in PRSI contributions from workers and employers.

The huge amount of pay-related social insurance is lying unspent.

According to the Business Post, the money has built up through repeated surpluses in the Social Insurance Fund.

It adds the extra money is used to fund the state's pensions.

It reports it could hit €50 billion by 2030.

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