Social insurance at a glance
What was new in 2019?
Family bonus as of 2019 The family bonus is a tax deduction of up to 1.500,00 € credited through the yearly employee assessment (ArbeiternehmerInnenveranlagung). Employees with a monthly income above 1.250,00 € with children up to 18 years of age, residing in Austria are allowed to take a monthly deduction through their payroll. For those receiving family benefits for a child 18 years and over there is an allowed yearly tax deduction of 500,00 per child.
Indexation of Family Benefit (Familienbeihilfe) as of 2019
A new indexation of child benefits for children living outside of Austria went into effect as of January 1, 2019. Family benefits for children living outside of Austria will be calculated according to the specific cost of living in the country of the child’s residency. Depending upon the country, this may lead to a decrease (for instance for children living in Romania) or an increase (for instance, for children living in Belgium) in the benefits. The legality of the indexation is in question and currently being investigated from all sides.
Note: The spouse or cohabiting partner income is not relevant any more for unemployment assistance (Notstandshilfe) already since 1st of July 2018.
Values for 2019
|Marginal earnings threshold/insurance threshold relevant for SVA:||EUR 5,361.72|
|Monthly marginal earnings threshold (ASVG):||EUR 446.81|
|Artists’ Social Insurance Fund (KSVF)|
|Minimum limit:||EUR 5,361.72|
|Maximum grant:||EUR 1.896/year|
Voluntary self-insurance 2018
The contribution to voluntary self-insurance (health and pension insurance)
- is EUR 63.07 per month for marginally employed persons.
- is EUR 59.57 per month for students.
Prescription fee per medicine 6.10 Euro