Amounts of insurance payments for employees

Press service of the State Tax Service of Ukraine, published 21 September 2023 at 14:45 Chapter: News

Insurance experience and payment of single contribution to obligatory state social insurance (single contribution) guarantee employees social protection: payment of sick leave, help in case of unemployment, accident at work or occupational disease, pension. Check registration of employment relations, timeliness and completeness of payment of insurance contributions and own insurance experience.

Insurance length of service is a period (term) during which person is subject to obligatory state pension insurance and for which monthly insurance contributions are paid in amount not less than the minimum insurance premium. Single contribution combines mandatory contributions for pension insurance, unemployment insurance, temporary disability insurance and occupational accident or occupational disease insurance.

If employer (enterprise, individual or individual-entrepreneur) has employees, such employer is obliged to pay single contribution monthly for them. Standard rate of single contribution for the vast majority of payers is 22% of the basis of assessment (salary, remuneration for performance of work or provision of services).