NSSF

Contributions to social security fund are as follows:

Medical and Maternity

The contribution is 9% payable on the basis of 7% by the firm and 2% by the employee and is directly related to the monthly salary subject to a ceiling of 2,500,000 LBP

Family Allowance

The contribution is 6% of monthly salary to be incurred by the firm and is directly related to the monthly salary subject to a ceiling of 1,500,000 LBP.

End of Service Indemnity (EOSI)

The subscription is 8.5% of total monthly salary payable to Social Security on Lebanese employees. In addition, a provision is kept in the books to provide for the difference of the subscriptions paid to the social security from the total amount due for payment.

The provision = (latest monthly salary X years of services) – total subscriptions paid to the social security.

If the employee is of a foreign nationality, then the company does not pay the monthly EOSI subscription to the social security only if the employees is from a country following the same policy with Lebanese employees such as France, England , Belgium etc..