Social Security in Hungary concerns government policy on social welfare. It is administered by the Emberi Eroforrások Minisztériuma (Ministry of National Resources).
Contributions are both personal, by the employer, and the government. In Hungary social security contributions cover health, pension and unemployment insurance. Payable contributions are calculated based on the employee's gross salary. Both the employer and the employee are obliged to pay social security contributions.
Social security contributions should be paid after the insured has an employment contract. Since 2014, the employer's tax is 27% of the monthly gross salary.
The employer's tax is paid above your gross salary. Your gross monthly salary will not deduct these.
An employee's social security contributions are a total of 18.5%.
The employee's social security contributions are deducted from your gross monthly salary. No contribution to unemployment funds and monetary health contribution are paid by retired persons or persons who are over the age limit for retirement.
Some of these benefits are also available to foreigners in Hungary. In order to qualify, you must have a valid work permit and have made the minimum required months of contributions required by each benefit.
Sick pay is provided to insured applicants and sick leave is provided instead of sick pay for the first 15 working days of the period of incapacity for work. The employer pays 70% of usual pay for periods of absence. Sick pay is provided for up to one year, for 30 days after the expiry of the insurance and in the event taking care of a sick child.
Employees pay 4% of gross monthly earnings for benefits in kind and 2% of gross monthly earnings for cash benefits and the employer pay 4.5% for sick benefits.
An employer has to be informed about an employee's pregnancy in writing to ensure pregnant women have workplace protection.
Women have mandatory 24 weeks maternity leave, but may take off as much as three years. For the first six months, they receive 70% of her previous salary (this is capped). These benefits are known as Terhességi-gyermekágyi segély - TGYÁS (Pregnancy and Confinement Benefit). The maximum benefit is 100,000 HUF per month.
When you move internationally you are taking a big step. Lots of things are changing and you have a million things to think about and take care of. If you are able to select a top of the line moving company that moves for a modest price, it can take a big weight of your shoulders in busy times.
Our network of international removal companies can move your furniture & possessions to Hungary and anywhere overseas.
Filling in the form at the bottom will allow you to request up to 5 quotes from various moving companies. This service is free of charge and will help you select an international moving company that suits your needs and budget.