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Examples for payment of Contributions, for June 2020, for the Funds administered by the Social Insurance Services and the General Health System

Example 1
For an employer who pays contributions to the Central Holiday Fund (CHF) at the minimum percentage of 8%:
Earnings calculation:
Earnings
1000
Contribution to CHF, 8% of €1000
80
Total:
1080
Contribution calculation:
Contribution to Social Insurance Fund (8,3% employer and 8,3% employee = 16,6% of €1080)
179,28
Contribution of CHF (8% of €1000)
80
Contribution to Redundancy Fund (1,2% of €1080)
12,96
Contribution to Human Resource Fund (0,5% of €1080)
5,4
Contribution to Social Cohesion Fund (2% of €1080)
21,6
Contribution to General Health System (2,90% employer + 2,65% employee = 5,55% of €1080)
59,94
Total:
359,18


Example 2
For employer with no obligation to pay contribution to Central Holiday Fund (exception) and pays the employees directly:
Earnings calculation:
Earnings
1000
Total:
1000
Contribution calculation:
Contribution to Social Insurance Fund (8,3% employer and 8,3% employee = 16,6% of €1000)
166
Contribution to Redundancy Fund (1,2% of €1000)
12
Contribution to Human Resource Fund (0,5% of €1000)
5
Contribution to Social Cohesion Fund (2% of €1000)
20
Contribution to General Health System (2,90% employer + 2,65% employee = 5,55% of €1000)
55,5
Total:
258,5
Example 3
For an employer of a third country national domestic worker whose contract provides for the below gross earnings:
It is noted that there are cases of domestic workers who receive higher gross earnings than the earnings shown below and in those cases the calculations will be analogous.
Earnings calculation:
Earnings
460
Total:
460
Contribution calculation:
Contribution to Social Insurance Fund (8,3% employer and 8,3% employee = 16,6% of €460)
76,36
Contribution to Redundancy Fund (1,2% of €460)
5,52
Contribution to Human Resource Fund (0,5% of €460)
2,3
Contribution to Social Cohesion Fund (2% of €460)
9,2
Contribution to General Health System (2,90% employer + 2,65% employee = 5,55% of €460)
25,53
Total:
118,91



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