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Social Security in Serbia

1. Legal Framework

The Serbian mandatory statutory social security system includes the following schemes: pension and disability insurance; health insurance. The contributions for these insurance schemes are imposed as mandatory. Companies may opt to voluntarily organize participation in additional social security schemes for their employees.

2. Contributions

Salary is subject to payroll tax and mandatory pension and disability, health and unemployment insurance, payable by the employer on a withholding basis. The law distinguishes between mandatory social contributions levied on the employee, and mandatory social contributions levied on the employer. However, all mandatory social contributions are actually withheld and paid by the employer. The difference is only relevant in accounting terms.

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