Increased contributions will affect spending and recruitment

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Increased contributions will affect spending...
 © CyprusMail 2019

By Theodoros Mantis

The social insurance plan and the imminent implementation of the national health scheme (Gesy) are among the most crucial chapters of the state’s social policy.

From January 1, there will be changes to the contributions by employees, the self-employed and the optionally insured to the Social Insurance Scheme (SIS). The contribution by employees will increase from 7.8 to 8.3 per cent, by the self-employed from 14.6 to 15.6 per cent, and by the optionally insured from 13 to 14 per cent. The contribution by the optionally insured who...


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Increased contributions will affect spending and recruitment


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