• motal7 wrote a new blog post: Mandatory Pension law 5 years, 11 months ago

    The mandatory pension law was recently updated (Sept 7, 2010). Originally planned for gradual annual updates from 2008 – 2013, when the mandatory % will reach 15% (5% employee, 5% employer and 5% severance pay -employer) The new revision now ads another year (2014). Starting Jan 1, 2014 the mandatory pension will be 17.50% as follows: employee – 5.5 % employer [...]