Luxembourg Social Security Contribution Rates Updated for 2020
Luxembourg's Joint Center for Social Security has published the updated social security contribution rates for 2020. Changes as compared to 2019 include:
- A reduction in the contributions rate for industrial/agricultural accident insurance from 0.80% to 0.75% (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 Insur…