Decrease of the AGS contribution.

AGS contribution

On the 1st of January the AGS contribution decrease from 0,30% to 0,25% The AGS contribution is part of the unemployment contributions paid to the URSSAF. This contribution is financing the salary guarantee scheme. The AGS contribution decrease to 0,25% When an employer is unable to pay the salaries of his employees, the employees can … Read more

Increase of the illness contribution.

illness contribution

On the 29th of December 2015, the decree n°2015-1852 was published. This decree increases the employer contribution rate for illness from 12,80% to 12,84%. The increase of the illness contribution is compensated by the decrease of the AT contribution. This increase is compensated by a decreased of the work related accident contribution (called AT cotnribution). The average … Read more

New GMP retirement setup for 2016

GMP retirement

The GMP retirement is the minimum retirement contribution for executive officers (“cadres”). The GMP is based on the equivalent of a virtual minimum salary. This minimum salary is only used for the calculation of the retirement contributions and the retirement benefits. The GMP retirement is based on a monthly salary of 3 549,24 € On the 1st … Read more