Germany Cabinet Approves Increases to Various Social Security Contribution Thresholds

The German Government Nov. 6 announced the cabinet approval of the threshold increases for calculating 2025 mandatory social security contributions (SSCs). The announcement includes measures to increase: 1) the annual contribution assessment limit for statutory health insurance to 66,150 euros (US$69,858) from 62,100 euros (US$65,578); 2) the annual compulsory insurance limit for statutory health insurance to 73,800 euros (US$77,933) from 69,300 euros (US$73,178); 3) the general pension insurance cap to 8,050 euros (US$8,501) per month uniformly throughout Germany; 4) the monthly miners’ pension insurance income limit to 9,900 euros (US$10,455) from 9,300 euros (US$9,821); and 5) the provisional annual average ...