Publication: 10/12/2020 Last update: 17/05/2023
The daily amount determined in accordance with the criteria identified above may not be less than the minimum daily wage established at the beginning of the calendar year. The daily minimum is fixed by the National Social Security Institution (INPS) in January each year and is equal to 9.50 % of the minimum pension amount in force on 1 January.
Social security benefits paid out do not need to comply with the minimum daily wage. It is therefore not necessary to comply with the minimum wage when benefits are provided for the earnings supplement fund, sickness, maternity and accident insurance schemes.
How to determine the taxable wage for contribution purposes
Briefly, in order to determine the taxable wage for contribution purposes, it is necessary to check whether the following conditions are met:
- if the actual remuneration is higher than the minimum and contractual wage, the contribution must be calculated on the basis of the actual remuneration;
- if the actual remuneration is lower than the minimum or contractual wage, it must be adjusted to the higher of the two.
- Article 7, Law No 638 of 11 November 1983, as amended