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Luxembourg Updates Social Security Contribution Rates and Contribution Basis Amounts for 2024

|Approved Changes|Luxembourg
Luxembourg

Luxembourg's Joint Center for Social Security has published the updated social security contribution rates for 2024. Changes as compared to 2023 include:

  • A reduction in the contributions rate for industrial/agricultural accident insurance from 0.75% to 0.70% (the rate is multiplied by a bonus/penalty factor of 0.9 to 1.5 depending on risk category determined and informed by the Accident Insurance Association); and
  • A reduction in the rate range for mutual health care insurance from 0.72% - 2…

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