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â¢ Insured Earnings is the earnings as. described in your policy and used to. calculate your employeeâs benefits. â¢ It can vary depending on the definition. you choose for each eligibility group. â¢ Changes to insured earnings become. effective at the Insured Earnings.
Employees covered under Classes A, B, C, D and H with reckonable earnings of not more than â¬352 do not pay PRSI for that week.he employers of the above employees, are liable for Pay-Related Social Insurance (PRSI) contributions on the reckonable earnings of the employee (including notional pay). See separate guideline on Scope (Insurability of Employment) for more detail.