Bosnia and Herzegovina Extends Scope of Social Security Contributions

The National Assembly of the Republic of Srpska has adopted amendments to the Law on Social Contributions expanding the rules for payment of social security contributions, including for seasonal and other temporary daily work arrangements.

Under the changes, a fixed contribution for pension and disability insurance is to be paid for persons engaged in seasonal and other work of a temporary nature, set at BAM 16 per day of engagement. The contribution is to be paid by the income payer / engag…