The term “Höchstbeitrag” translates to “maximum contribution” in English.
What is “Höchstbeitrag”?
“Höchstbeitrag” refers to the maximum amount that individuals are required to pay as their contribution to social insurance schemes in Germany, such as health insurance (Gesetzliche KrankenversicherungThe "gesetzliche Krankenversicherung" translates to "statutory health insurance" in English. It is a fundamental part of Germany's healthcare system, providing..., GKV) and pension insurance (RentenversicherungThe "gesetzliche Rentenversicherung" translates to "statutory pension insurance" in English. It is a fundamental component of Germany's social security system,...). This concept is particularly relevant for those earning above certain income thresholds, ensuring that their contributions do not exceed a specified limit.
More information about “Höchstbeitrag”
The “Höchstbeitrag” is determined by the BeitragsbemessungsgrenzeThe term "Beitragsbemessungsgrenze" translates to "income threshold for insurance contributions" in English. It is a concept used within the German... (income assessment ceiling), which sets the maximum income level that is subject to social insurance contributions. For health insurance in 2024, this ceiling is set at 62,100 Euros annually or 5,175 Euros monthly[1][5]. Consequently, the maximum monthly contribution for statutory health insurance without children is approximately 1,050.53 Euros[4]. For pension insurance, the contribution rate is 18.6% of the gross salary, with the contribution being equally split between the employer and the employee. The BeitragsbemessungsgrenzeThe term "Beitragsbemessungsgrenze" translates to "income threshold for insurance contributions" in English. It is a concept used within the German... for pension insurance in 2024 is 90,600/89,400 Euros (West/East) annually or 7,550/7,450 Euros monthly[11].
Related to “Höchstbeitrag”
Here are some additional terms that are related to “Höchstbeitrag”:
- BeitragsbemessungsgrenzeThe term "Beitragsbemessungsgrenze" translates to "income threshold for insurance contributions" in English. It is a concept used within the German...: The income threshold up to which social insurance contributions are calculated.
- Gesetzliche KrankenversicherungThe "gesetzliche Krankenversicherung" translates to "statutory health insurance" in English. It is a fundamental part of Germany's healthcare system, providing... (GKV): The statutory health insurance system in Germany.
- RentenversicherungThe "gesetzliche Rentenversicherung" translates to "statutory pension insurance" in English. It is a fundamental component of Germany's social security system,...: The statutory pension insurance system in Germany.
- Versicherungspflichtgrenze: The income threshold above which employees can opt for private health insurance instead of the statutory health insurance.
Understanding the “Höchstbeitrag” is crucial for individuals navigating the social insurance system in Germany, ensuring they are aware of the maximum contributions they are obligated to make.