Contributions
Learn more about your contributions. View the updated 2027 maximum insurable earnings.
Contributions Payable
The Social Security Board is financed by contributions payable by:
- Employees
- Employers
- Self-Employed
- Voluntary
Rates of Contributions
Private Employers pay a total of 8.5% of insurable earnings*:
- Employees: 4% of insurable earnings
- Employers: 4.5% of insurable earnings
Civil Servants pay a total of 7.5% of insurable earnings*:
- Civil Servants: 3.5% of insurable earnings
- Government: 4% of insurable earnings
Note: Civil servants are not covered for sickness benefit
Self-Employed Persons:
- Self-Employed persons pay 8.5% of insurable earnings*
Voluntary Contributors:
- Voluntary contributors pay 7% of earnings established by Board
Note: Voluntary contributors are only covered for Age, Invalidity, Funeral, and Survivors Benefits
*Insurable Earning is the maximum amount of income on which Sociale Security contributions are deducted.
Working for more than one employer?
If you work for more than one employer, each employer must deduct and pay contributions on your behalf. If your combined contributions exceed the maximum contributions payable, you will receive a refund from the Social Security Board.
2027 Maximum Insurable Earnings
Effective January 1st, 2027, the maximum insurable earning will be increased by 4.000%, from $53,400 to $55,536.
2026 Insurable Earnings
Past Insurable Earnings
Important Notice
Note: All contributions are due on or by the 14th of the following month which they are due.
Payments made on or after the 15th will incur a 10% penalty.
Contribution Forms
Please note:
Please use “Employer Remittance Form I” for Initial Remittance of Contributions. Print this Form on Legal Size (11×14) Paper.)
Please use “Employer Remittance Form II” for adding additional Remittance of Contributions from Form I. Print this Form on Legal Size (11×14) Paper..)