|
Contributions
| Employer |
6,7% |
| Employee |
6,7% |
There maximum level of annual income on which social insurance contributions are paid on and this is revised on a regular basis. For the year 2009 the maximum level was as follows:
| Weekly employees |
€48.048 |
| Monthly employees |
€48.048 |
Other employer’s contributions
The employer makes the following other contributions based on employee’s emoluments (which are restricted to the maximum level of €48.048 as stated above):
| Social Cohesion fund |
2 % |
| Redundancy fund |
1,2 % |
| Industrial Training fund |
0,5 % |
| Holiday fund (if not exempt) |
8 % |
|
