Social Insurance Premium Rates valid as of January 1 2021

1) The minimum assessment basis for the period from January 1 2021 until December 31 2021 is determined for the compulsorily insured self -employed person and the voluntarily insured person in the amount of 50% of one twelfth of the general assessment basis for the calendar year preceding by two years the calendar year when the social insurance premium is paid, i.e. 546.00€. The minimum assessment basis for the employee is as of January 2010 not regulated for the purposes of social insurance; however, the employer is legally liable to remunerate the employee in compliance with legal provisions on the minimum wage.

2) The maximum assessment basis valid as of January 1 2021 until December 31 2021 is equal for all social insurance funds: sickness insurance, pension insurance, unemployment insurance, guarantee insurance, Reserve Fund of Solidarity (with the exception of accident insurance) representing the sum 7 644.00€

3) As of July 1, 2020 or February 1, 2021 or as of the day of re-acquisition the licence of the self- employed person or the licence to perform the activity, or as of the day of re-performing this activity according to the Declaration of Honour (in case of activities which can be performed without a licence) after these dates (in the period until June 30, 2021, or until September 30, 2021), the compulsory sickness and compulsory pension insurance commences to those self – employed persons whose income (without deducting expenses) earned in 2019 was higher than 12 –multiple of a minimum assessment basis valid in 2020 (12 x 506.50 = 6 078.00€), i.e. it is higher than 6 078.00€.

As of July 1, 2021, or October 1, 2021 or as of the day of re-acquisition the licence of the self- employed person or the licence to perform the activity, or as of the day of re-performing this activity according to the Declaration of Honour (in activities which can be performed without a licence) after these dates (in the period until June 30, 2022 or until September 30, 2022), the compulsory sickness and compulsory pension insurance commences to those self –employed persons, whose income (without deducting expenses) was for the year 2020 higher than 12-multiple of the minimum assessment basis valid in 2021 (12 x 546.00 € = 6 552.00€), i.e. higher than 6 552.00€.

4) A person who is concurrently voluntarily sickness insured and voluntarily pension insured and voluntarily unemployment insured determines the assessment basis in legally established limits himself/herself.

A person who is concurrently voluntarily sickness insured and voluntarily pension insured determines the assessment basis in legally established limits himself/herself. A person who is concurrently voluntarily pension insured and voluntarily unemployment insured determines the assessment basis in legally established limits himself/herself. A person who is voluntarily pension insured or voluntarily unemployment insured determines the assessment basis in legally established limits himself/herself.

On condition the person pays premium to voluntary pension insurance, s/he is obliged to pay premium also to the Reserve Fund of Solidarity.

A voluntarily sickness insured person, voluntarily pension insured person and voluntarily unemployment insured person can change the assessment basis at the earliest after elapsing 6 months from the latest determination of the assessment basis, which was done by this person, whereas the premium related to the changed assessment basis is due as of the first day of the calendar month following the month, in which the change in question was notified in writing to the Social Insurance Agency.

5) State pays premium for old age pension insurance, invalidity insurance and premium to the Reserve Fund of Solidarity on behalf of:

• a natural person residing in the territory of the Slovak Republic duly taking care of a child up to six years of age, residing in the territory of the Slovak Republic, and who due to this care has applied to be registered for pension insurance with the Social Insurance Agency;
• a natural person residing in the territory of the Slovak Republic duly taking care of a child with a long-term unfavourable health condition after reaching six years of his age up to the age of 18 at longest, residing in the territory of the Slovak Republic, and who due to this care has applied to be registered for pension insurance with the Social Insurance Agency;
• a natural person residing in the territory of the Slovak Republic receiving the cash allowance related to nursing of a natural person; the person concerned is contracted to carry out the personal assistance of a natural person with a severe health handicap for at least 140 hrs per month. In respect of the application submitted by this person, it is replaced by automated data disclosure from the institution UPSVaR /Central Office of Labour, Social Affairs and Family of the Slovak Republic.If a Contract on Personal Assistance Contract is not submitted to the relevant employment office, the personal assistant has the opportunity to submit the application to register to compulsory pension insurance and the payment of the insurance premium by the State.
• a volunteer-military - voluntary soldiers (as of January 2, 2016)
• a natural person with permanent residence in the territory of the Slovak Republic, who has been awarded a compensatory allowance for employees who have terminated their employment with a permanent workplace in the underground due to a decline in mining activities (from 1 April 2020)
• a compulsorily sickness insured, compulsorily pension insured and compulsorily unemployment insured employee with a regular monthly income, a compulsorily pension insured employee with an irregular income and a compulsorily sickness and pension insured self -employed person within a period of receiving the maternity benefit;

6) The uniform premium rate is established for accident insurance premium in the present amount. The employer pays the accident insurance premium representing 0.8% of the assessment basis of an employee.

7) To the total amount of premiums must be added the accident insurance premium, which is calculated from the actually achieved assessment basis of an employee, due to the fact that the assessment basis for the payment of accident insurance premium is not limited by the highest amount.

8) Premium for special social insurance for a municipal / city police officer, whose employment in the municipal / city police lasts, is paid by his / her employer, which is a municipality / city with an established municipal / city police.

9) To the total amount of the insurance premium in the case of the municipal / city police officer whose employment in the municipal / city police lasts is necessary to add the insurance premium for special social insurance.

* Invalidity insurance premium is not paid by:

• an insured person who is pension insured after awarding an old age pension or early old age pension, or if s/he is a service pension recipient according to a special regulation and has pensionable age,
• the employer for an employee who is pension insured after awarding an old age pension or early old age pension or if s/he is a service pension recipient according to a special regulation and has pensionable age.

** Unemploment insurance does not related to:

• an employee according to a Special Decree (e.g. Art. 102 (2) of Act No. 385/2000 Coll. of laws on Laws on Judges and Cojudices as amended by later regulations in wording of Act. No. 517/2008 Coll. of laws Art. 146 (3) of Act No. 154/2001 Coll.of laws on Prosecutors and Notarial Candidates of Prosecution),
• the accused of crime in detention and accused of crime in jail,
• a natural person who has been awarded the old age pension, early old age pension or invalidity pension due to decreased ability to perform gainful activity by more than 70%, and the natural person who has been awarded an invalidity pension or has reached the pensionable age.

Note: The assessment basis is rounded down to the nearest Euro cent. The amount of premium for respective types of insurance and premium for the Reserve Fund of Solidarity from the assessment basis is always determined independently. Respective premium amounts are rounded down to the nearest Euro cents.