Social Welfare (Miscellaneous Provisions) Act, 1968

Provisions regarding contributions under Redundancy Payments Act, 1967.

16.—(1) An employr's redundancy contributions (within the meaning of section 27 of the Redundancy Payments Act, 1967 ) and an employee's redundancy contributions (within the meaning of the said section 27) payable in respect of any period commencing on or after the 6th day of January, 1969, shall be deemed to be employment contributions.

(2) The rates of employment contribution specified in paragraphs 1, 2, 2A and 3A of the Second Schedule to the Act of 1952 are hereby, in the case of a contribution payable by an employed contributor, increased by the amount of the appropriate weekly rate specified in section 28 (2) of the Redundancy Payments Act, 1967 (or that rate as varied under section 28 (3) of that Act), and, in the case of a contribution payable by an employer of an employed contributor, increased by the amount of the appropriate weekly rate specified in section 28 (1) of that Act (or that rate as so varied).

(3) The amounts paid into the Social Insurance Fund by virtue of the increases in rates of employment contributions under subsection (2) of this section shall be paid out of that Fund to the current account of the Redundancy Fund at such times as may be determined by the Minister for Social Welfare.

(4) In this section “employment contribution” and “employed contributor” have the meanings respectively assigned to them by sections 5 and 4 (1) of the Act of 1952.