M. Target would like to remind that as from March 1, 2020, the contribution rates to the GHS will increase as follows:
- Each employee will contribute 2.65% of his salary and each employer will contribute 2.90% of the salary of each employee.
- Each self-employed person will contribute 4% of his/her earnings.
- Each pensioner, state official and any other person receiving an income will contribute 2.65% of his/her pension, earnings or income.
- A State Fixed Fund will contribute 4.55% of the earnings and pensions of all beneficiaries.
Our specialists will be glad to assist you with any queries you may have in relation to the above.