Regularisation of the annual contribution threshold – Example 1

Terms of the theoretical example

An employee working full-time (every month), with a monthly base wage of EUR 6,000.00, received a gratuity of EUR 10,000.00 in June.

When making the calculation in August (for the June reference period), the sum of the wage and the gratuity of EUR 16,000.00 (6,000.00 + 10,000.00) exceeds the monthly maximum contribution threshold, which is EUR 11,009.65 (five monthly minimum wages).

The monthly minimum wage is EUR 2,201.93.

Old procedure

Contributions for the June reference period are calculated on the contribution threshold, while the difference of EUR 4,990.35 between the EUR 16,000.00 (wage + gratuity) and the maximum contribution threshold (EUR 11,009.65) will be regularised retroactively when calculating the December reference period (in February of the following year).

 

Current procedure

Contributions for the June reference period are calculated on the contribution threshold. The difference of EUR 4,990.35 between the EUR 16,000.00 (wage + gratuity) and the maximum contribution threshold (EUR 11,009.65) will be regularised at the same time, up to the amount of the cumulative annual contribution threshold.
Given that the cumulative annual contribution base not subject to threshold (EUR 46,000.00 for the January to June period) is less than the cumulative annual maximum contribution threshold (EUR 66,057.90 for the January to June period), the annual contribution threshold will be regularised on the EUR 46,000.00, thus resulting in a regularised contribution base of EUR 4,990.35.

In this instance, the new Calculation file sent in August contains a 'threshold' section for the June reference period. The Calculation files for the following periods do not contain a 'threshold' section, given that the regularised contribution base (threshold) does not change relative to the month preceding it and the social security contributions for the types of cover concerned are not therefore recalculated.