Updated with the Jan 2026 SI Cap (โฌ68,904) and Minimum Wage (โฌ13,056).
2026 Rules Summary:
Minimums: Employed SI is calculated on at least the minimum wage (~โฌ1,088/mo). Self-Employed pay based on a "Minimum Insurable Earnings" table for their trade.
SI Cap 2026: The annual cap is now โฌ68,904.
Pensions: No Social Insurance is paid on pensions. 2.65% GESY applies.
Tax Deductions: All SI and GESY contributions are fully tax-deductible from your taxable income.