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German Federal Council Approves Maximum Income Basis for Social Security Contributions for 2024

05 December 2023

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Approved Changes

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Germany

On 24 November 2023, the German Federal Council (upper house of parliament - Bundesrat) gave final approval for the maximum annual income basis for social security contributions for 2024. For pension and unemployment insurance, the maximum basis is: 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 annual basis is EUR 62,100 for all Federal States.