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Social insurance and non-wage labor cost

Social insurance and non-wage labor cost

Last reviewed 08 Dec 2023

Social insurance

Distinction between health insurance (provides services) and social insurance (provides cash benefits); for all employees

Contribution rates and maximum contributions

Since 1.1.2017 there is no cap for monthly contribution to health insurance.

Monthly assessment cap for sickness insurance and guarantee fund: EUR 16,764

Monthly assessment cap for retirement, invalidity and unemployment insurance and the reserve fund: EUR 16,764

No contribution cap for accident insurance

Self-employed persons

Health insurance

16 % (8 % for disabled persons), 10 % (5% for disabled persons) of dividends from profits earned for the years from 2011 till 2012. 14 % of dividends from profits earned for the years from 2013 till 2016

Pension insurance

N/A

Obligatory pension fund

N/A

Accident insurance

N/A

Sickness insurance

4.4%

Retirement insurance

18%

Disability insurance

6%

Unemployment insurance

no (optionally, 2%)

Reserve fund

4.75%

Guarantee fund

N/A

Maximum contribution

Total contributions amount to 49.15 % (51.15 %).

Employed persons

Health and accident insurance

Health:
5 % (2.5 % for disabled persons) employee, 11 % (5,5 % for disabled persons) employer.
10 % (5 % for disabled persons) of dividends from profits earned for the years from 2011 till 2012, 14 % of dividends from profits earned for the years from 2013 till 2016

Accident insurance:
0.8 % employer

Sickness insurance

1.4 % employee, 1.4 % employer

Retirement insurance

4 % employee, 14 % employer

Disability insurance

employee and employer 3 % each

Unemployment insurance

employee and employer 1 % each

In case of abbreviated work (so called Kurzarbeit) the unemployment insurance paid by employer will be split to the insurance for financing of time support and insurance for unemployment in base of 0.5 % for each

Guarantee fund

0.25 % employer

Reserve fund

4.75 % employer

Pension insurance

N/A

Maximum contribution

Total contributions amount to 14.4% for employee and to 36.2% for employer.

Others

N/A

Severance fund

N/A

Non-wage labor cost

N/A

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