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Social insurance contribution rate revised

Guidance: information is available online (Image from Government website)

The Department of Social Insurance is reminding employers and the public that the standard social insurance contribution rate has been revised to $75.30, effective Monday, August 4.

The change comes as a result of the House of Assembly approval and Official Gazette notice dated July 28.

A government spokeswoman said: “We encourage all individuals and employers to review the full details of the updated rates and related guidance.”

A breakdown of the rates and further information is available at https://socialinsurance.gov.bm/.

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Published August 29, 2025 at 5:37 pm (Updated August 29, 2025 at 5:37 pm)

Social insurance contribution rate revised

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