NewsLocalMaximum insurable earnings to increase as from January 4, 2021

Maximum insurable earnings to increase as from January 4, 2021

The Cyprus Employers Federation (OEB) announced on Tuesday that the maximum insurable earnings will increase as from January 4, 2021.

Specifically, OEB informed members that the Social Insurance Service has sent details of the maximum insurable earnings on which contributions should be paid to the Social Insurance Fund.

These are €1, 104 weekly, €4,784 monthly, and €57,408 annually for both monthly and weekly staff.

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