NSSF

The categories of Social Security contributions are as follows:

1. Medical and Maternity
   The contribution is 9% payable on the basis of 7% by the firm and 2% by the employee and is directly related to the monthly salary subject to a ceiling of 1,500,000 LBP The following computation reveals the treatment : 
   1- Salary doesn't exceed 1,500,000 LBP
   E.g. (Salary 600,000 LL.)
   Employee's monthly share : 2% � 600,000 = 12,000 LL.
   Company's monthly share : 7% � 600,000 = 42,000 LL. 
   2- Salary exceeds 1,500,000 LBP
   E.g. (Salary 2,000,000 LL.)
   Employee's monthly share : 2% � 1,500,000= 30,000 LL.
   Company's monthly share : 7% � 1,500,000= 105,000 LL.
    
    

2. Family Allowance 
   The contribution is 6% of monthly salary to be incurred by the firm and is directly related to the monthly salary subject to a ceiling when the monthly salary exceeds 1,500,000 LBP. The following computation reveals the treatment : 
   1- Salary doesn't exceed 1,500,000 LBP
   E.g. (Salary 600,000 LL.)
   Company's monthly share : 6% � 600,000 = 36,000 LL. 
   2- Salary exceeds 1,500,000 LBP
   E.g. (Salary 2,000,000 LL.)
   Company's monthly share : 6% � 2,000,000= 120,000 LL. 
   In addition the firm will pay a family allowance to married employees on a monthly basis. These payments will be refunded by the Social Security to the firm by deducting them from the total subscriptions of the firm.
   Family allowance is paid on a monthly basis together with the employees' salaries, and is computed as follows :
   � 60,000 for a non employee spouse.
   
   � 330,000 for each child up to the maximum of five children.
    
3. End-Of-Service-Indemnity (EOSI) 
   The subscription is 8.5% of total monthly salary payable to Social Security on Lebanese employees. In addition, a provision is kept in the books to provide for the difference of the subscriptions paid to the social security from the total amount due for payment.
   The provision = (latest monthly salary X years of services) - total subscriptions paid to the social security. 
   
   If the employee is of a foreign nationality, then the company does not pay the monthly EOSI subscription to the social security, instead the employee's EOSI is paid in full to him when he leaves the company at the following rate : # of years in service multiplied by his latest salary ( it is provided for in the Company's books ).