Determination for the year 2024 of the minimum and maximum thresholds for calculating all social security and welfare contributions owed by all employees
- February 12, 2024
- Reading time: 6 min
News . 7/2024
With News . 21/2024, the INPS announced the minimum daily wage rates for the year 2024 as well as the reference values for calculating contributions.
This notice provides the following information in particular:
The annual maximum amount of 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 threshold 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 federal budget for mandatory maternity benefits;
The annual pay for special leave as provided for in Article 42, paragraph 5, of Legislative Decree No. 151/2001;
The values used to calculate the solidarity contribution, the additional 1% rate, and the daily caps for entertainment industry workers.
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