Created: Aug 29, 2025 05:37 PM

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/.