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Social Insurances new Maximum
Social Insurances have announced the new Insurable Earnings Maximum according to the Social Insurance Laws of 2010 to 2022, as of January 2023 the upper limit for Social Insurance earnings increases to 1.155€ per week and 5.005€ per month. The annual insurable maximum is 60.060€. With the latest update of PayrollPlus (version 7.1.621) released on January 12th 2023, the newly specifications have been implemented. The software will handle automatically the changes for you. You can find the announcement from Social Insurance Services here.