Members of the public are hereby reminded that, pursuant to the provisions of Social Security (Amendment) Regulations, S.R.O.’s 4, 7 and 8 of 2012, the following changes are to take effect as of 1st January 2024:
Increase in the Contribution Rate:
The contribution rate payable by Employers, on behalf of their Employees, Self-employed persons and Voluntary Contributors shall increase by ¼ % (0.25%) vis:
| Category of Contributor | Old Rate (Applicable during 2023) |
New Rate (Applicable during 2024) |
| Employers re. EE’s with Redundancy | 7.50% | 7.75% |
| Employers re. EE’s w/out Redundancy | 7.25% | 7.50% |
| Self-employed Persons | 13.00% | 13.25% |
| Voluntary Contributors | 11.65% | 11.90% |
Further clarification on these changes can be obtained from the office of the Dominica Social Security or on the DSS Website: www.dss.dm.
