Self-employed person having income from a source other than work and from a pension

Source in the Law

Regulation 14 (3) for specific rules regarding the payment of insurance contributions

Definition / Conditions

1. He is a self-employed person
2. He has not yet reached retirement ageThe age at which you will be entitled to the old-age pension, on condition that your income from work and from other sources does not exceed a certain amount. Income from work pension is not taken into account. Retirement is set at age 67 for men and 62-65, according to birth date, for women..
3. He meets the definition of pensioner.

Impact on the payment of insurance contributions

1. As a self-employed person, he has the obligation to pay insurance contributions up to maximum income liable for the payment of insurance contributionsThe amount of maximum income on which insurance contributions are paid. Insurance contributions are not paid on any income that is above this maximum. The maximum is updated every year in accordance with the rate of the rise in the Consumer Price Index. (thereafter "the maximum income").
2. From his income not from work, he must pay insurance contributions up to the maximum income, after deduction of 25% of the Average Wage of National Insurance LawThe reference is to the average wage according to the National Insurance Law. It is calculated according to a method determined in the Law, on January 1st of every year, and afterwards each time that a compensation is paid. and after taking into account his income as a self-employed person.
3. From his income from pension, he must pay insurance contributions up to the maximum income, after taking into account his income as a self-employed person and from the source other than work.