In which cases can the contribution base be chosen?

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The contribution bases are established automatically according to the contribution group to which they belong and their gross salary, so in most cases it is not possible to choose on which basis to make payments.

However, this is different for self-employed workers, who have the option of changing their contribution base depending on their monthly income. For workers with disabilities, the lower base rate applies, although this is subject to certain requirements that must be submitted to the General Regime.

Impact of the contribution base
Now that you know what the contribution base is, it's time to bahrain email list learn about its importance. Although the base is assigned automatically according to your profession, the payment made to Social Security determines the benefits you will receive in the future.

In this sense, the higher your contribution base, the higher the payment you have to make, but at the same time, the better your benefits will be in the long term. An example of this is the increase in health coverage, which can be an important resource for coping with work accidents and illnesses.

Importance of the contribution base for retirement
We know that retirement is an important issue, since the money you receive after retirement will directly depend on the contributions you make to Social Security. Knowing this, the relevance of the contribution bases cannot be overlooked.

It is from this base that an average is made at the time of your retirement and, depending on the result, you will receive more or less money as part of your pension.

This average is taken for each month for a minimum of 25 years and directly depends on the amount contributed while you were working. The operating principle of this system is basic: the more money you pay, the better your pension will be.

Contribution bases for self-employed workers (RETA)
Self-employed workers also have to calculate their contribution base, but they are not subject to the General Regime, but rather to a special system in which several procedures change.

Initially, a self-employed person has the opportunity to choose the base on which he wants to work during the year, which depends on or varies according to his income. However, this choice can be modified if the profits from the economic activity do not remain constant.

So, the types of quotes in this case are as follows:

Common contingencies : 28.30%.
Occupational contingencies : 1.30%, of which 0.66% corresponds to temporary disability and 0.64% to permanent disability, death and survival.
The same principles apply to receiving the benefits offered by Social Security, that is, the higher your contribution base, the more resources you will receive in the future. In this sense, there are also minimum and maximum bases.

For example, for self-employed persons who earn €670 per month or less, their minimum base will be €751.63/month, while the maximum will be €849.66/month. If, on the other hand, your income exceeds €6000/month, then the minimum base goes up to €1633.99/month, and the maximum base is €4139.40/month.