Social Insurance contribution increase in 2019

05 Jan 2019

As from 1 January 2019, an increase in Social Insurance Fund (SIF) contributions will come in effect. Both employer and employee contributions on insurable earnings to the SIF will increase by 0,5%, from 7.8% (currently) to 8.3%. Employer contribution on Redundancy Fund 1,2%, Industrial Training 0,5%, and Social Cohesion Fund 2,0% will remain the same.