BERLIN (dpa-AFX) – Social security contributions will rise again for high earners next year. The Federal Cabinet decided on a corresponding regulation from the Federal Ministry of Labor, as the ministry announced on Wednesday in Berlin.
This will increase the contribution assessment limits for social insurance. In statutory pension and unemployment insurance, contributions are due up to an amount of 7,550 euros per month in the west and 7,450 euros in the east. Anyone who earns more than this only pays pension contributions up to this limit. Previously the limit was 7,300 euros in the old states and 7,100 euros in the new states.
The contribution assessment limit for statutory health and nursing care insurance will rise to 5,175 euros per month nationwide on January 1st. So far it was 4987.50 euros. The compulsory insurance limit will rise from 66,600 to 69,300 euros in annual income next year. Anyone whose income is above this limit can take out private health insurance.
The calculation variables are adjusted according to the income development in the past year. The Federal Council still has to approve the regulation./bw/DP/tih