German Cabinet Approves Maximum Income Basis for Social Security Contributions for 2024
On 11 October 2023, the German Federal Cabinet approved the maximum annual income basis for social security contributions for 2024. For pension and unemployment insurance, the maximum basis will be:
- EUR 90,600 for Western Federal States (old States); and
- EUR 89,400 for Eastern Federal States (new States).
For health insurance and nursing insurance for disability and old age, the maximum annu…
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