Social security contributions in detail
General social security contributions are at 34.75% of the employee’s gross salary, with no lower threshold and no cap. The contributions are shared between the employer and the employee, with the employer paying 23.75% and the employee paying 11%. The contributions cover illness, maternity/ paternity, unemployment, professional disease, disability, old age pension and death of beneficiaries.
Note, however, that other rates are set for certain professionals (e.g. disabled employees: 11.9% for the employer and 11% for the employee).
A contribution is due from the 10th to the 20th of the month following the one to which the pay relates and must be paid by the employer to the Social Security Services. The employee’s portion is withheld by the employer and delivered to the Social Security Services along with its own contribution.
Note: All currency conversions into EUR were made on 1 February 2019, using a mid-market rate.