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Warning: Undefined array key -1 in /var/www/vhosts/socialsecurity.ms/httpdocs/wp-content/plugins/elementor/includes/base/controls-stack.php on line 696 Reminder to Employers, Employees and Self-employed Persons – Montserrat Social Security Fund
Reminder to Employers, Employees and Self-employed Persons
January 7, 2025
Employers, Employees and Self-Employed persons are reminded of the changes to the Social Security Act and Regulations that came into effect from Friday 1st April 2022. The new changes for 2026 are as follows:-
Increase in the Contribution Rate for Employees from 6.5% to 7%.
Increase in the Contribution Rate for Employers from 7.5% to 8%
Increase in the Contribution Rate for Self–Employed to 12%