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Social insurance and non-wage labor cost

Social insurance and non-wage labor cost

Last reviewed 09 Mar 2023

Social insurance

Mandatory social security contributions are: health insurance, pension and disability insurance and unemployment insurance

Maximum contributions

Five times average monthly salary in Serbia paid in previous 12 months as per official statistics, adjusted annually.

Self-employed persons

Health insurance

10.3%

Pension and disability insurance

24.00%

Obligatory pension fund

The Pension Fund of the Republic of Serbia.

Accident insurance

None

Maximum contributions

Contributions limited to a maximum of approx. EUR 3.800 on the monhtly basis (EUR 51.178 on the annual level)

Employed persons

Health insurance

Employer: 5.15 %
Employee: 5.15 %

Pension and disability insurance

Employer: 10 %
Employee: 14 %

Maximum contributions

Contributions limited to a maximum of approx. EUR 3.800 on the monhtly basis (EUR 51.178 on the annual level)

Others

Unemployment insurance paid by employee: 0.75 %

Severance fund

N/A

Non-wage labour costs

Besides the employer contribution to social insurance, there are no other non-wage labour costs

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