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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