Determination for the year 2024 of the minimum and maximum thresholds for calculating all social security and welfare contributions owed by all employees

News No. 7/2024

With News No. 21/2024, INPS announced the minimum daily wage amounts for the year 2024, as well as the reference values for calculating contributions.

This privacy notice sets forth, in particular:

• The value of the annual cap on the contribution and pension base;

• The minimum wage for most employees;

• The minimum hourly wage for part-time employees;

• The portion of compensation subject to the 1% surcharge;

• The minimum contribution base for standard wages in general;

• Amounts that are not included in the calculation of earned income;

• The adjustment of the amount to be covered by the state budget for mandatory maternity benefits;

• The annual compensation for special leave referred to in Article 42, paragraph 5, of Legislative Decree No. 151/2001;

• The values used to calculate the solidarity contribution, the 1% surcharge, and the daily caps for entertainment industry workers.

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