Contribution Rates

Contribution Rates - Schedules

Effective 1st January 2019, the maximum insurable earnings ceiling is $4,820 for monthly paid workers and $1,112 for weekly paid workers
Voluntary Contributors – “Z”
Employee
%
Employer
%
Total
%
  National Insurance
8.30
0
8.3
  Non-Contributory 2
0
2
  Employment Injury 0 0 0
  Unemployment 0 0 0
  Severance 0
0
0
  Training Levy 0 0 0
  Catastrophe Fund 0 0 0
  Total 10.30% 0% 10.30%

Self-employed – “S”
Employee
%
Employer
%
Total
%
  National Insurance
13.50
0.00
13.50
  Non-Contributory 2.00
0.00
2.00
  Employment Injury 0.00 0.00 0.00
  Unemployment 0.00 0.00 0.00
  Health Service Contribution 1.00
0.00
1.00
  Training Levy 0.50 0.00 0.50
  Catastrophe Fund 0.10 0.00 0.10
  Total 17.10% 0% 17.10%

Private Sector Employees and State-owned Enterprises / Statutory Corporations – “R”
Employee
%
Employer
%
Total
%
  National Insurance
6.75
6.75
13.5
  Non-Contributory 2.00
2.00
4.00
  Employment Injury 0 0.75 0.75
  Unemployment 0.75 1.00 1.75
  Severance 0
0
0
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.1
  Health Service Contribution 1.00 1.50 2.50
  Total 11.10% 12.75% 23.85%

Over Pensionable Age or Under 16 – “I” Government
Employee
%
Employer
%
Total
%
  National Insurance
0
0
0
  Non-Contributory 0
0
0
  Employment Injury 0 0.75 0.75
  Unemployment 0 0 0
  Severance 0
0
0
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.10
  Total 0.60% 1.50% 2.10%

Over Pensionable Age or Under 16 – “E” Private
Employee
%
Employer
%
Total
%
  National Insurance
0.00
0.00
0.00
  Non-Contributory 0.00
0.00
0.00
  Employment Injury 0.00 0.75 0.75
  Unemployment 0.00 0.00 0.00
  Severance 0.00
0.00
0.00
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0.00 0.10
  Total 0.60% 1.50% 2.10%

Government Temporary Employees – “T”
Employee
%
Employer
%
Total
%
  National Insurance
6.75
6.75
13.50
  Non-Contributory 2.00
2.00
4.00
  Employment Injury 0 0.75 0.75
  Unemployment 0.75 1.00 1.75
  Health Service Contribution 1.00
1.50
2.50
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.10
  Total 11.10% 12.75% 23.85%

Government Permanent Employees – “P”
Employee
%
Employer
%
Total
%
  National Insurance
6.20
6.20
12.40
  Non-Contributory 2.00
2.00
4.00
  Employment Injury 0 0.75 0.75
  Unemployment 0 0 0
  Health Service Contribution 1.00
1.50
2.50
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.10
  Total 9.80% 11.20% 21.00%

Foreign Service Help – “V”
Employee
%
Employer
%
Total
%
  National Insurance
5.93
5.93
11.86
  Non-Contributory 2.00
2.00
4
  Employment Injury 0 0 0
  Unemployment 0 0 0
  Severance 0
0
0
  Training Levy 0 0 0
  Catastrophe Fund 0 0 0
  Total 7.93% 7.93% 15.86%

Foreign Embassies – “B”
Employee
%
Employer
%
Total
%
  National Insurance
6.75
6.75
13.50
  Non-Contributory 2.00
2.00
4.00
  Employment Injury 0.00 0.75 0.75
  Unemployment 0.75 1.00 1.75
  Severance 0.00
0.00
0.00
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.1
  Health Service Contribution 1.00 1.50 2.50
  Total 11.10% 12.75% 23.85%

Apprentices – “A”
Employee
%
Employer
%
Total
%
  National Insurance
6.75
6.75
13.50
  Non-Contributory 2.00
2.00
4.00
  Employment Injury 0.00 0.75 0.75
  Unemployment 0.75 1.00 1.75
  Severance 0
0
0
  Training Levy 0.50 0.75 1.25
  Catastrophe Fund 0.10 0 0.10
  Health Service Contribution 1.00 1.50 2.50
  Total 11.10% 12.75% 23.85%