A person who is no longer covered by compulsory social insurance or who is no longer self-employed can opt to continue insurance on a voluntary basis to protect his or her pension if he or she
- is under 66 years of age, and
- has paid at least 260 reckonable contributions while compulsorily insured.
Applications to become a voluntary contributor must be made before the end of the income tax year following the tax year in which compulsory insurance ends. Application form VC1 and information leaflet SW 8 are available at Local Social Welfare Offices or from Voluntary Contributions Section (see useful addresses in paragraph 70).
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Note
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You should let employees know about voluntary insurance at the time they leave their employment.
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