NSSF memo #19 dated 16 June 2020: Calculation of social contributions

NSSF memo #19 dated 16 June 2020: Calculation of social contributions

Dear All,

Please be informed that The National Social Security Fund (NSSF) issued on the 16^th  June 2020, the memo  #19 (attached a scanned copy) reminding the companies that the social security contributions (including those related to the end of service indemnity) have to be calculated on the basis of the full salary of the employees that have suffered deductions and not on the reduced salary in accordance with the article 73 of the NSSF Law.

We remain at your disposal should you need any further clarification or information on this subject.                                                                                                                                                                                   

Best regards,