Health and social contributions: what are they in 2022?
According to the Slovak Labour Code, employees and employers are obliged to pay social security and compulsory health insurance contributions. These are compulsory payments from the wages or profit, which are paid to the state. Entrepreneurs pay them themselves, for employees they are mostly paid by the employers and to a lesser extent they are paid by employees.
Social insurance serves to protect employees in various situations such as maternity or temporary incapacity for work, while health insurance serves to ensure the necessary medical treatment and preventive care.
Employee deductions
An ordinary citizen in Slovakia must pay social security and compulsory health insurance contributions to the state from his / her salary.
- Social insurance consists of sub-insurance:
- Sickness insurance 1.4%
- Retirement pension insurance 4%
- Disability pension insurance 3%
- Unemployment insurance 1%
The basic rate of health insurance is at 4%, in the case of a disabled person it is at 2%. Each month, the employee makes an advance payment of this amount from his / her salary.
The employee’s total social and health insurance contributions are 13.4%.
Employer contributions
Employers are also obliged to pay social security and compulsory health insurance contributions to the state for each of their employee.
Social insurance consists of:
- Sickness insurance 1.4%
- Retirement pension insurance 14%
- Disability pension insurance 3%
- Unemployment insurance 1%
- Accident insurance 0.8%
- Guarantee insurance 0.25%
- Solidarity reserve fund 4,75%
The basic rate of health contributions is at 10%, in the case of a disabled person it is at 5%. Each month the employer makes an advance payment of this amount. The employer’s total cost for social and health insurance is 35.2% of the employee’s gross salary.
Example of contribution wedge
For a gross salary of EUR 1,000, the employee pays a contribution of EUR 134.00 and the employer pays a contribution of EUR 352.00. You can calculate the contribution wedge in our salary calculator.
