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Curacao Publishes Social Security Contribution Rates and Thresholds for 2024

05 January 2024

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Approved Changes

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Curacao

Curacao's Social Insurance Bank (SVB) has published the 2024 rates and thresholds table for social security contributions. The social security contribution rates for 2024 are as follows for employers, which are unchanged from 2023: Old age (AOV) insurance - 9.0% Surviving dependents (AWW) insurance - 0.5% Basic health care insurance (BVZ) - 9.3% Accident insurance (OV), depending on risk level - 0.5% to 5% Insurance for loss of income due to illness (ZV) - 1.9% General insurance for exceptional medical expenses (AVBZ) - 0.5% For employees, the contribution rates are as follows, which are unchanged from 2023: Old age (AOV)...