Contributions from mandatory social insurance
Funds from contributions are public obligations controlled by the Ministry of Finance and are available to institutions for compulsory social insurance, determined by laws regulating the compulsory social insurance system, for purposes determined in accordance with those laws.
The mandatory social insurance group includes:
- disability and pension insurance based on current pay;
- mandatory financial capital pension insurance;
- insurance experience that is calculated with an extended term;
- health insurance and
- unemployment insurance.
The person liable for the payment of contributions is the insured person in whose name and on whose behalf the contributions are paid, while the person liable for the calculation and payment of contributions is the employer, self-employed person, individual farmer, religious official, state institutions, body or organizer who has an obligation at the expense and on behalf of the person liable for the payment of contributions, to calculate, keep and pay the contributions;
The rates according to which contributions are calculated and paid are:
- 18% for mandatory pension and disability insurance;
- 4% contribution rate for disability and bodily injury caused by work injury or occupational disease;
- 7.3% for mandatory health insurance;
- 13% for compulsory health insurance for the mandatory domestic and/or foreign pension beneficiary who pays the contribution on the pension amount;
- 0.5% rate for additional contribution for compulsory health insurance in case of injury at work or occupational disease and
- 1.2% for mandatory unemployment insurance contribution.
