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The Rosary Indulgences in effect today
A plenary indulgence is granted when the rosary is recited in a church or oratory or when it is recited in a family, a religious community, or a pious association. A partial indulgence is granted for its recitation in all other circumstances. (The Rosary is a prayer formula divided into fifteen decades of Hail Mary's with the Lord's Prayer separating each of these decades. During each of these decades we recall in devout meditation the mysteries of our redemption.)
It has become customary to call but five such decades the ‘Rosary’ also. Concerning this customary usage then, the following norms are given as regards a plenary indulgence.
1. The recitation of a third of the rosary is sufficient for obtaining the plenary indulgence, but these five decades must be recited without interruption.
2. Devout meditation on the mysteries is to be added to the vocal prayer.
3. In its public recitation the mysteries must be announced in accord with approved local custom, but in its private recitation it is sufficient for the Christian faithful simply to join meditation on the mysteries to the vocal prayer.
(Excerpted from The Handbook of Indulgences (no.48), Authorised English Edition (©1991 by Catholic Book Publishing Co.), published by authority of the Bishops’ Committee on the Liturgy, National Conference of Catholic Bishops)