What is the PASS?

The Annual Social Security Ceiling is a reference amount (scale) set each year by the Health Insurance system based on wage trends. It serves as the basis for calculating:

• The amount of many social security contributions, such as old-age pension contributions and contributions to schemes supplementary and additional retirement savings

• The maximum amount of certain social benefits such as old-age insurance pensions from the General Scheme, daily allowances (IJ) for illness, work-related accidents, maternity, paternity, and disability pensions

• The deductibility limits for certain insurance premiums in retirement or pension contracts