activpayroll.com (12.05.2020) Suspension of pension contributions for workers and employers for a period of three months, guaranteeing the payment of provisional insurance of 3% (of which 75% is covered by the employer, and 25% by the employee; self-employed persons cover all 3%). Under normal circumstances, the pension contribution is 16%, with the employer contributing 12% and the employee contributing the remaining 4%. If a business made payments and discounts for the month of April 2020, before the issuance of decree 558 (on April 15th), the highest discounted value must be calculated and returned to the employee. If a business made FSP payments, the highest discounted value should be calculated and returned to the employee and withholding must be recalculated at the practiced source, since its base is modified with this change.
Suspension of pension contributions for workers and employers for a period of three months, guaranteeing the payment of provisional insurance of 3% (of which 75% is covered by the employer, and 25% by the employee; self-employed persons cover all 3%). Under normal circumstances, the pension contribution is 16%, with the employer contributing 12% and the employee contributing the remaining 4%. If a business made payments and discounts for the month of April 2020, before the issuance of decree 558 (on April 15th), the highest discounted value must be calculated and returned to the employee. If a business made FSP payments, the highest discounted value should be calculated and returned to the employee and withholding must be recalculated at the practiced source, since its base is modified with this change.