Dear Clients and Partners,

Hereby, we would like to highlight the following changes drafted by the Parliament into the social security contributions foreseen to be in force from 2018:

Pension fund to be increased with 1 %, currently 18.8% to 19.8% for people born before 1 January 1960 and from 13.8% to 14.8% for people born after 31 December 1959.

Health insurance contribution rate of 8% remains unchanged for the year 2018.

Once the changes come in force we will return to you again accordingly.

Yours sincerely,

Sb Team