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Germany’s social security program is considered developed, offering universal healthcare, a pension program, unemployment, and more. Both employees and employers much contribute to social security in Germany, with each contribution a percentage of the employee’s gross salary at each pay period. Read below for details about Germany’s social security program.
In Germany, social security covers things like pension, healthcare coverage, unemployment insurance, and so on. Accident insurance is also covered, however the sole burden to pay into this is by the employers.
Employee contributions in Germany can reach around 19% of the salary. And they are the same as the employer contributions
A typical breakdown of employee contributions is:
Employer constitutions in Germany can reach around 19% of the employee’s salary.
A typical breakdown of employer contributions is:
Contributions in Germany about the average for Europe. Some surrounding countries are more, or less. For example, in France, the minimum mandatory contribution is 42% of the employee’s salary. Whereas in a European countries like Portugal, 11% in the norm.
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In Germany, social security contributions reach around 19% of the salary.
In Germany, social security will cover things such as pension, healthcare coverage, unemployment insurance and long-term care insurance.