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Update - Greek Social Security Amendments

11 March 2020

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Approved Changes

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Greece

Amendments to the Greek social security contribution regime were approved on 27 February 2020 and published in the Official Gazette on 28 February. In addition to the changes in the contribution basis cap ({News-2020-03-04/A/5-previous coverage}), other important changes include adjustments in the contribution rates, which are set as follows with effect from 1 June 2020: primary pension contribution: Employer - 13.33%; Employee - 6.67% healthcare insurance contribution: Employer - 4.55%; Employee - 2.55% auxiliary pension contribution: Employer - 3.25%; Employee - 3.25% other contributions: Employer - 3.20%; Employee - 2.86% The changes also include the integration of the Unified Auxiliary...