Paying Contributions – Self-Employed Person (SEP/SZČO)

SEPs/SZČO compulsorily insured for sickness and pension insurance pay these contributions:

• 4.4 % of the assessment basis for sickness insurance;
• 18 % of the assessment basis for old age insurance if they are not old age pension savers;
• 14 % of the assessment basis for old age insurance and 4 % of the assessment basis for compulsory contributions to old age pension savings if they are old age pension savers;
• 6 % of the assessment basis for invalidity insurance;
• 4.75 % of the assessment basis into the solidarity reserve fund.

Invalidity insurance contributions are not paid by SEPs/SZČO who are insured for pension following the awarding of an old age pension or an early old age pension. Invalidity insurance contributions are also not paid by SEPs/SZČO who are pension insured, beneficiaries of a service pension and have reached pensionable age.

For the purposes of paying invalidity insurance contributions, the legal effects of

• pensionable age begin on the date determined by the Social Insurance Agency as the date pensionable age was reached, at the earliest on the date on which it was determined;
• the awarding of a pension begin on the date of the decision awarding the pension.

For an indicative calculation of the assessment basis and contributions, a SEP can use the Calculator for the Informative Calculation of Contributions for a Compulsorily insured SEP (SK).

Where can I get the details required for the payment?

The Social Insurance Agency will notify you of the amount of the contributions and the payment details:

• in January (only if you are affected by a change in the amount of the minimum or maximum contribution);
• in July (after the tax return was filed by the regular deadline); or
• in October (with an extended deadline for filing the tax return) of the relevant year.

How do I make the payment?

1

You can pay contributions in any of the following ways:

• by a cashless transfer (by bank transfer order to the branch account number (SK));
• by postal order;
• by bank card at a Social Insurance Agency branch.

2

When making the payment, always enter the correct payment identification details:

• the variable symbol assigned to you by the Social Insurance Agency;
• a specific symbol identifying the period for which contributions are paid (e.g. for July 2023 this is 072023 or 202307);
• for a standing payment order, the specific symbol is in the form 88.

3

Always pay the contribution within the time limit

by the eighth day of the following calendar month.

 

 

IMPORTANT INFORMATION: If the eighth day of a month falls on a Saturday, Sunday or public holiday, the payment date is the nearest working day.

What happens if I pay after the payment deadline?

If you pay contributions late, the Social Insurance Agency will impose a penalty of 0.05 % of the outstanding amount for each day of default, from the date the contribution was due until the date the outstanding amount is paid into the Social Insurance Agency account. You must pay the penalty even if you pay a lower amount of contributions.

For details see: Paying a Debt.