Social Welfare Consolidation Act 2005

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PART 2

Social Insurance

Chapter 1

Social Insurance Fund

Sources of moneys for benefits.

[1993 s6(1); National Training Fund Act 2000 s4(10)]

6.—(1) For the purposes of providing moneys for meeting the expenditure on benefit and making any other payments which, under this Act (other than section 8 ), the Redundancy Payments Acts 1967 to 2003 and the Protection of Employees (Employers’ Insolvency) Acts 1984 to 2004, are to be made out of the Social Insurance Fund, there shall be—

(a) contributions (referred to in this Act as “employment contributions”) in respect of employed contributors, each of which shall comprise a contribution by the employed contributor and a contribution (referred to in this Act as “the employer’s contribution”) by the employer of the employed contributor,

(b) contributions (referred to in this Act as “self-employment contributions”) in respect of self-employed contributors,

(c) contributions in respect of optional contributors,

(d) contributions in respect of voluntary contributors, and

(e) payments out of moneys provided by the Oireachtas.

(2) Employment contributions, self-employment contributions, optional contributions and voluntary contributions shall be paid into the Social Insurance Fund.