News n.3/2023
Subject: 2023 exemption on the employee's share of disability, old-age and survivor contributions
Budget Law No. 197 of Dec. 29, 2022 (Budget Law 2023), in Article 1, Paragraph 281, provided exceptionally and for pay periods from Jan. 1, 2023 to Dec. 31, 2023, an exemption on the employee's share of social security contributions for disability, old age and survivors.
This waiver in 2023 is recognized:
- To the extent of 2 percentage points, provided that the taxable salary, parameterized on a monthly basis for thirteen months, does not exceed the monthly amount of euro 2,692, increased, for the accrual of the month of December, by the accrual of the thirteenth month's salary;
-To the extent of 3 percentage points, provided that the taxable salary, parameterized on a monthly basis for thirteen months, does not exceed the amount of 1,923 euros, increased, for the accrual for the month of December, the accrual for the thirteenth month.
It is worth noting that, by the express provision of the rule, the rate at which pension benefits are computed remains firm.
All employees, public and private, are eligible for the benefit, as long as the monthly salary limits as defined above are met.
It is important to remember that: