Social security: ceiling increases by 5.4% in 2024

The social security ceiling corresponds to the maximum amount of remuneration or earnings taken into account for calculating social entitlements, certain contributions and defining the basis of assessment for certain contributions.

At 1^er January 2024, the annual Social Security (PASS) ceiling will be increased to €46,368 (€43,992 in 2023) and the monthly ceiling of €3,864 (€3,666 in 2023), i.e. an increase of 5.4%.

For 2024, the PASS will display the following values:

• €46,368 in annual value;
• €11,592 in quarterly value;
• €3,864 in monthly value;
• €892 weekly value;
• €213 in daily value;
• €29 in hourly value.

The PASS is used to calculate the maximum amount of certain social benefits, such as:

• accident at work daily sickness benefits, maternity, paternity;
• invalidity pensions;
• old-age pensions under the general scheme.

For employers, it is used to calculate, inter alia:

• social contributions on wages, old-age insurance, unemployment, supplementary pension schemes;
• the tax and social exemption thresholds for severance pay;
• allowances for student company placements;
• the contribution to the national housing fund.