Class 2 Social Security Contributions

​​Class Two Contributions are to be paid by all individuals who derive income of more than €910 from an economic activity and who are not employed.

The Social Security Act defines two categories of persons that are required to pay Class 2 Contributions as follows:

Self Occupied Persons - persons who earn income from Trade, Business, Profession, Vocation or any other economic activity that exceeds €910 per annum.

Self Employed Persons - persons who receive income from rents, investments, capital gains or any other income.

Rates for Class Two Social Security Contributions are based on the annual net profit or income for the year preceding the contribution payment year. 

2019

Annual Net Income €                                                               Applies To
Category	From	To	Weekly Rate	Full Time Farmers(2)	Self Employed	Self Occupied
SP*	1,006	9,024	26.03	n/a
*The SP rate applies only to single persons who are not self occupied.
SA	910	10,485	30.25(1)	20.16
1 €30.25 or 15% of the annual net earnings if the person is a part-time self-occupied woman or a full-time student who has not reached the age of 24 who is a part-time self-occupied person or a pensioner who is a part-time self-occupied person whose annual whose annual net earnings do not exceed €10,485 (see NOTE 1 at the bottom of the page).
	Persons born up to 31st December 1961
SB	10,486	18,562	15%	10%
SC	18,563	n/a	53.54	35.70
	Persons born from 1st January 1962 onwards
SB	10,486	24,194	15%	10%
SC	24,195	n/a	69.79	46.53
NOTE 1: If the insured person elects to pay a contribution that is less than €30.25, such contribution may, if the person qualifies for a contributory benefit or a contributory pension, result in the payment of a reduced contributory benefit or contributory pension. 2 This reduced rate is applicable for full-time farmers as identifed by the Department of Agriculture.