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German Maximum Income Basis for Social Security Contributions for 2016 Approved

|Approved Changes|Germany
Germany

On 27 November 2015, the German Federal Council approved an increase in the maximum income basis for social security contributions for 2016. For pension and unemployment insurance, the maximum basis will be:

  • EUR 74,400 for Western Federal States (old States); and
  • EUR 64,800 annually for Eastern Federal States (new States).

For health insurance and nursing insurance for disability and old age…

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