MT
Revision in the Rates of Class II Social Security Contributions
Statutory Text (2 Articles)
L.N. 455 of 2011
SOCIAL SECURITY ACT
(CAP. 318)
Revision in the Rates of Class II Social Security Contributions
Order, 2011
IN exercise of the powers conferred by article 84 of the Social
Security Act, hereinafter referred to as “the Act”, the Minister of
Education, Employment and the Family, with the concurrence of
the Minister of Finance, the Economy and Investment has made
the following order
The title of this order is the Revision in the Rates of Class
II Social Security Contributions 2011 and shall become effective
with effect from the 3rd January, 2011.
Part III
Class Two Contributions
(Self Occupied Persons)
Category
Type of Self Occupied Persons
Weekly Rate of Contributions
payable by a self-occupied person
Persons whose annual net earnings (excluding Maternity
Benefit, Children’s Allowance and any ex-gratia Benefit
payable under article 88 of this Act) during the calendar
year immediately preceding the contribution year in
which the contribution is being paid
€ 26.55 or 15% of the annual net
earnings if the person is a part-time
is less than €9,203
SA
self-employed woman whose annual net
earnings do not exceed € 9,203 (see
NOTE 1 below)
or
€21.38 if the person is a full-time
farmer or breeder whose annual net
earnings do not exceed €9,203
The weekly equivalent of 15% of their
Persons born on 31 December 1961 or before whose
annual earnings calculated to the nearest
annual net earnings exceeds €9,203 but does not exceed
cent
€17,175
or
Persons born on 1 January 1962 or after whose annual
SB
The weekly equivalent of 12% if a full-
net earnings exceeds €9,203 but does not exceed
time farmer or breeder
€18,400
€ 49.54
or
Persons born on 31 December 1961 or before whose
€39.64 if a full-time farmer or
annual net earnings exceeds €17,175
breeder
SC
€ 53.08
or
Persons born on 1 January 1962 or after whose annual
€42.46 if a full-time farmer or
net earnings exceeds €18,400 (see NOTE 2 below)
breeder
NOTE1: If the insured person elects to pay a contribution that is less than €26.55, such
contribution may, if the person qualifies for a contributory benefit or a contributory pension,
result in the payment of a reduced contributory benefit or contributory pension.
NOTE 2: The increase in the highest contribution rate payable is related to a guaranteed
maximum pensionable income as a result of the pension reform which became law by
virtue of Act XIX of 2006 and Legal Notice 336 of 2006.
€0.18