When you're employed, your employer covers the cost of your Social Security by deducting monthly contributions from your paycheck. For one or more reasons, you may need to know where these contributions are deposited. This post will show you how to locate the bank account to which your contribution was sent.
Get more information on the pay slip
Your employer's contributions are calculated based on your gross income and represent between 25 and 42% of your total salary . However, there are two types of employer-paid fees. There are fees that are shared between the employer and the employee, as well as fees that are solely the employer's responsibility. Find more information on pay slips and your employer's contributions by visiting formulaire.org.
These are supplementary pension contributions , which must be paid. Therefore, all of these expenses are included on your pay slip as an employee, along with their respective amounts. Being included on your pay slip is mandatory. So, to find out more about the expenses, simply examine your pay slip.
Payment boxes for contributions
You already know that expenses are divided into two categories. The first category includes expenses that are the responsibility of the employee (employee share) and the employer (employer share). In addition, this first category includes social security and pension supplement costs, as well as other expenses.
Health insurance, maternity insurance, death insurance, disability insurance, and old-age insurance are all covered by social security fees. However, if you rely on the general social security scheme , these payments are sent to URSSAF. On the other hand, if you rely on agricultural subsidies, you will have to pay the Mutualité Sociale Agricole (MSA).
Finally, there are supplementary pension contributions , which are part of the first level of contributions. If you are a private sector employee, you will have to pay these contributions into the ARRCO bank account. If you are a supplement to the executive salary, these contributions are paid into the AGIRC bank accounts.
Despite this, the employer is required to pay the cost of APEC to salaried executives . This contribution can be paid either to URSSAF or to the MSA. The second category of contributions concerns costs that are solely the responsibility of the employer. It combines the costs of workplace accidents and family allowances into a single invoice . AGS contributions are added to this list.
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The employer is responsible for paying the contributions.
Indeed, each month, the employer is responsible for submitting a nominative social declaration. This declaration includes information on the total salary, the number of hours worked, the net salary and the total cost of each contribution. This declaration obliges the employee to pay the amounts due for each contribution into the bank accounts of URSSAF or MSA , as the case may be, depending on their remuneration plan.
The VLU provision, for its part, allows for the centralization of social security declarations and contribution payments to URSSAF. This is an optional provision, but it only applies to companies with more than 250 employees.
Your employer is required to pay you social security contributions. Contributions are paid either to URSSAF (Social Welfare Fund ) or to the MSA (Maison d'Assurance Sociale). You can see the totals on your pay slip.