The 2026 State Social Insurance Budget Act was promulgated in the State Gazette (issue 68 of 28 July) and its main parameters take effect on 1 August. Here is what that means in practice for employers and the self-employed.
The maximum insurable income rises to €2,300. Until the end of July the cap was €2,111.64. For high earners this means slightly higher social security contributions — and a higher insured base for benefits and pension. Employers also owe their share on the higher cap.
Self-employed: a new minimum base. The minimum insurable income for self-insured persons is aligned with the minimum wage — €620.20 (previously €550.66). If you insure at the minimum, your monthly contributions increase from August.
What does not change. Contribution rates and their split remain the same — without the pension contribution increase discussed in earlier drafts of the budget. Dividend tax also stays at 5% — the proposal to double it was dropped from the final text.
What to do. Employers owe no special action — the new thresholds flow through August payroll processing. Self-insured persons should align their advance contributions with the new minimum. Our clients receive the recalculations automatically.
Wondering how the changes affect your company specifically? Get in touch — the calculation is short, and peace of mind is worth it.