2024-11-06 21:26:38
Economy
Finance
Politics
Significant Increase in Contribution Assessment Limits Announced
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sueddeutsche
Social Security Contributions: Top Earners Must Pay Significantly More
Economy
Politics
Finance
Top earners in Germany will have to pay significantly higher social security contributions in 2024. The contribution assessment limits for health insurance, long-term care insurance, pension insurance, and unemployment insurance will be raised. Additionally, contribution increases are planned for 2025.
Tagesschau - Wirtschaft und Börsen-Nachrichten
Federal Cabinet Decides on Higher Social Security Contributions for High-Income Earners
Politics
Economy
Finance
The Federal Cabinet has increased the contribution assessment limits in the social insurance system after a long dispute. The increase was initially blocked by the Federal Ministry of Finance, but was pushed through by Federal Labor Minister Hubertus Heil (SPD). Finance Minister Christian Lindner (FDP) wanted to implement changes in tax law, which led to protests.
tz
Ampel Decides on Higher Social Security Contributions: Expensive Changes to Pensions, Long-Term Care, and Health Insurance from 2025
Politics
Economy
The traffic light coalition government decided on higher social security contributions from 2025 with a significant increase in the contribution assessment limits. Top earners will have to pay up to 187.40 euros more per month. According to VdK President Bentele, average earners are already paying 19.2% of their income for pensions, health, and long-term care insurance, while higher earners only contribute 13.5%.
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