You are awarded a homemaking year for each full tax year (January to December) spent caring. You can get homemaker’s credits up to the end of the tax year during which you become a homemaker. Likewise, if you stop being a homemaker during the tax year, you can get homemaker’s credits up to the date you stop. Credits under the Homemaker’s Scheme help you qualify for State Pension (Contributory) only.
The example below shows how the scheme works.
Example: You leave work to care for a newborn child.
Child's date of birth: 12 May 1994
Child's 12th birthday: 12 May 2006
Total homemaking period: 12 May 1994 - 12 May 2006
||Your insurance record:|
|12 May 1994
||5 Apr 1995
||You get credits until the end of tax year.|
|6 Apr 1995
||31 Dec 2005
||These are counted as full homemaking years ( see note below).|
|1 Jan 2006
||12 May 2006
||You get credits until the child's 12th birthday.|
The calendar tax year came into effect in 2002. The 2001 tax year only ran from 6 April 2001 to 31 December 2001. Before that, the tax year ran from 6 April of the first year to 5 April of the following year.
We will take into account the period of homemaking (in the example, 12 years) when we work out the yearly average number of contributions for State Pension (Contributory). Up to 20 homemaking years may be taken into account to help you qualify for State Pension (Contributory).
If you do not return to work after you stop being a homemaker, you may choose to become a voluntary contributor.
For more information log on to 'www.welfare.ie'