Social Insurance contribution increase in 2019


M. Target Group wishes to inform all clients / associates that in 2019 an increase in Social Insurance Fund (SIF) contributions will come in effect.

According to the provisions of the Social Insurance Law of 2010, both employer and employee contributions were 7,8% on insurable earnings, as from 01st of January 2019, that will increase by 0,5%, to 8,3%.

Our specialists are always ready to help you and provide with professional support. For any further information or clarifications please contact us.