Social insurance and non-wage labor cost

Last reviewed 21 Aug 2023

Social insurance

Statutory health, accident and pension insurance for all gainfully employed persons (covers benefits in kind and in cash)

Contribution rates and maximum contributions

Contribution rates are fixed, no contribution ceiling for pension insurance

Self-employed persons

Health insurance

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Pension insurance

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Obligatory pension fund

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Accident insurance

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Maximum contribution

No limit

Employed persons

Health and accident insurance

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Pension insurance

Included in 13 % social contribution tax and 18,5 % social insurance contribution (not split)

Maximum contribution

No limit

Others

None

Severance fund

None

Non-wage labor cost

If the number of employees exceeds 25 and the number of the disabled employees is less than 5 %, the employer shall pay disability contribution.
Disability contribution is HUF 2 617 200 / employee, payable on the basis of the percentage of disabled employees to work who are absent.