Social Security Contributions (ISS) — San Marino

Employees under 50 with permanent contracts pay approximately 8.3% of gross salary. Lower than most EU countries. Breakdown varies by age, contract type, and specific funds. Automatically withheld by employer monthly.

Mandatory social insurance pension contribution. Funds traditional pay-as-you-go state pension. Retirement age 66 with at least 20 years contributions, or age 60 with 40 years contributions. Early retirement available under certain conditions.

Mandatory individual account system introduced 2009. Additional pension fund (Fondiss - Complementary Pension Fund). Invested individually. 2% employee + 2% employer contribution. Builds personal retirement account separate from state pension.

Contribution to unemployment fund. Provides income protection during job loss. Benefits subject to eligibility requirements and maximum duration. Lower rate reflects small labor market.

Universal healthcare funded through general contributions. No direct payment for doctor visits, hospital care, medications. ISS administers medical benefits. No co-pays for most services. Full coverage for residents.

Employers pay approximately 27-28% of gross payroll to social funds. One of highest in Europe but includes comprehensive benefits. Rate varies slightly by contract type (permanent vs fixed-term) and available incentives.

Largest employer contribution. Funds social insurance pension system. Based on full gross salary up to certain thresholds. Above €28,000 annual minimum base, pension contributions continue on all income.

Covers sick leave benefits (100% salary from day 1) and maternity/paternity leave. Comprehensive coverage with no waiting periods. Government contributes additional funding as needed.

Employer-funded family benefit system. Provides monthly payments per dependent: €69.50 first dependent, €90.50 second, €112.50 third, etc. Means-tested supplement available for low-income households (under €8,500 per capita).

Employer contribution to mandatory individual account. Matches 2% employee contribution. Funds capped on contributions above certain income level. Government provides subsidies as needed.

Included in employer contributions. Rate depends on industry risk level. Covers workplace accidents and occupational diseases. Government contributes to cover any deficits.

Self-employed pay both employee and employer portions. Rate varies by income category: 15% on income €15,000-28,000, up to 22% on higher incomes. Calculated on gross income from self-employment. Includes pension, sickness, invalidity insurance.

Self-employed contribute 4% to supplementary pension fund (Fondiss) compared to 2% for employees. Higher rate compensates for self-funding. Part of mandatory retirement savings.

Self-employed must separately insure for sickness and invalidity as not automatically covered like employees. Monthly contribution includes these proportions. Access to supplementary schemes available.