Social insurance premiums
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Social insurance premiums
Effective from 1.1.2024, the obligation to pay sickness insurance premiums also arises for employees (until now, employees were only payers of pension insurance premiums). The total premium rate for employees from 1.1.2024 is 7.1%.
Social insurance payments from the assessment base | 2024 | 2023 | ||
Company | Employee | Company | Employee | |
Sickness insurance | 2.1% | 0.6% | 2.1% | 0% |
Pension insurance | 21.5% | 6.5% | 21.5% | 6.5% |
Contribution to state emp. policy | 1.2% | 0% | 1.2% | 0% |
Total | 24.8% | 7.1% | 24.8% | 6.5% |
4.1 Maximum assessment base
The maximum assessment base for the payment of premiums for social security in 2024 amounts to CZK 2 110 416. Its amount is specified as 48 times the average wage that, for the purposes of the premium for the year 2024, amounts to CZK 43 967 (43 967 x 48 = CZK 2 110 416).
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