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Social Security System

Social Security System

The basis of the social security system in Austria is the obligatory insurance (Pflichtversicherung). It contains an accident insurance (Unfallversicherung), retirement pension insurance (Pensionsversicherung) and a health insurance (Krankenversicherung).

Both the employer and the employee have to contribute to social security. The employee’s insurance contribution is deducted by the employer from the total monthly earnings.

Contribution of the Employee Contribution of the Employer
Hourly Wage (Arbeiter) 18.12 percent 21.58 percent
Salaried (Angestellte) 18.12 percent 21.58 percent

The maximum monthly assessment base (Höchstbeitragsgrundlage) is € 4,650 (2015).

 
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