• Insights

Increase in the minimum social wage and benefits from 1 January 2023

14.12.22
1

Two new bills have been submitted to the Chamber of Deputies with the goal of increasing the minimum social wage as well as social benefits as of 1st January 2023.

The purpose of Bill no. 8117 submitted to the Chamber of Deputies on 12 December 2022, is to raise the social minimum wage by 3.2% from 1st January 2023. This means that the proposed monthly social minimum wage from 1st January 2023 would be 2,387.40 EUR for a non-qualified employee, and 2,864.88 EUR for a qualified employee. It is worth pointing out that due to this increase in the social minimum wage, the settlement agreement would in principle have to be exempt from tax up to 28,648.80 EUR as of 1st January 2023.

In addition, Bill no. 8113 submitted to the Chamber of Deputies on 8 December 2022 also intends to propose a 3.2% increase to social inclusion benefits and benefits for the severely disabled.

These provisions are due to come into force on 1st January 2023.

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