Social Insurance Law No. 59(I)/2010
Social Insurance Services (Υπηρεσίες Κοινωνικών Ασφαλίσεων)
8.8% Employee • 12.5%–20.5% Employer • 16.6% Self-Employed 🇨🇾
Cyprus Social Insurance Fund Contributions Calculator
Model monthly contributions to the Cyprus Social Insurance Services (YKA): 8.8% employee share, 8.8% employer share, 2.0% uncapped Social Cohesion Fund, 1.2% Redundancy Fund, AnAD Training (0.5%), and 16.6% self-employed rates in EUR (€).
Quick Presets:
Worker Classification & Earnings
Regulated under Social Insurance Law No. 59(I)/2010.
€2,800.00 / mo
Subject to maximum insurable monthly earnings ceiling of €5,837. Most white-collar employers are exempt; construction and hospitality commonly contribute.
Statutory Insurable Ceiling Fact
Social Insurance contributions are capped at €5,837 per month (€70,044/year). However, the 2.0% Employer Social Cohesion Fund is uncapped across total gross earnings.
Total Monthly Social Security Disbursed
€610.40
Combined Statutory Security Burden: 21.80% of Gross Remuneration
Employee Share (8.8%) €246.40
Employer Total Funds €364.00
Detailed Social Insurance Services Breakdown Per Month (EUR)
Insurable Monthly Earnings (Cap €5,837) €2,800.00
Employee Social Insurance (8.8%) €246.40
Employer Social Insurance (8.8%) €246.40
Redundancy Fund (1.2% employer) €33.60
Industrial Training Fund (0.5% AnAD) €14.00
Social Cohesion Fund (2.0% UN-CAPPED) €56.00
Central Holiday Fund (8.0% KTA) €0.00 (Exempt)
Total Monthly Social Security Dues €610.40
European Social Security Contribution Rates Comparison
| Jurisdiction | Employee Share | Employer Share | Self-Employed | Insurable Cap |
|---|---|---|---|---|
| Cyprus 🇨🇾 YKA | 8.8% | 12.5% (+2% Cohesion + optional 8% KTA) | 16.6% | €5,837/mo (€70,044/yr) |
| Greece 🇬🇷 | 13.87% (EFKA) | 22.29% | Insurance Class 1-6 | €7,126/mo |
| Malta 🇲🇹 | 10.0% | 10.0% | 15.0% | €54.76/wk (~€2,847/yr) |
| United Kingdom 🇬🇧 | 8.0% Class 1 NIC | 13.8% / 15.0% Secondary | 6.0% Class 4 | £50,270/yr |
| France 🇫🇷 | ~22.0% - 25.0% | ~40.0% - 45.0% | ~45.0% (URSSAF) | PASS Plafond €46,368 |
MS
Engr. Muhammad Shahzad
Verified Compliance AuthorLead Compliance Engineer & European Social Security Specialist
Specialist in European social security architecture, Cyprus Social Insurance Law No. 59(I)/2010 statutory mechanisms, Social Insurance Services (YKA) contribution compliance, and Central Holiday Fund regulations.
📊 Cyprus Tax Department & Social Insurance Services (SIS) Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (EUR) |
|---|---|
| Primary Net / Statutory Payable Amount | €0.00 |