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Regulation of the Cabinet of Ministers No. 1503 of 17 December 2013 Regarding the Distribution of State Social Insurance Contribution Rate by State Social Insurance Types for 2014.

Country(ies)

Latvia

Subjects (Classification)

Social security (general standards); Administration and financing

Adopted on (Date of text)

2013-12-17

Scope of text

National

Type of legislation (Type of text)

Regulation, Decree, Ordinance

Abstract/Citation

The Regulation prescribes the rate of compulsory State social insurance contributions and the rate of voluntary State social insurance contributions, as well as the distribution of the referred-to rates by the types of State social insurance for 2014. Namely defines, inter alia, the rates of compulsory contribution for various types of insurance: for the disabled persons, for employed persons serving the sentence of deprivation of liberty, for self-employed persons, for persons who are managers of immovable property and are registered as an economic activity income tax payers, for domestic employees at foreign employers; also separately defines the contribution rates for persons who have voluntarily joined the voluntary pension insurance, disability insurance, maternity and sickness insurance, parents insurance.