Updated: August 2026
Social Insurance in Cyprus
How social insurance contributions work — who pays, how much, and what it covers.
2026 Contribution Rates
| Category | Rate | Cap |
|---|---|---|
| Employee | 8.8% | €68,904/year |
| Employer | 8.8% | €68,904/year |
| Self-Employed | 16.6% | €68,904/year |
Additional employer costs: 2% Social Cohesion Fund, 1.2% Redundancy Fund, 0.5% Training Fund — 3.7% combined.
What Social Insurance Covers
✓ Pension (old age)
✓ Survivor benefits
✓ Disability benefits
✓ Maternity leave pay
✓ Sickness benefits
✓ Unemployment benefits
✓ Employment injury
✓ Funeral grant